Final answer:
Quality control and inventory control are both important aspects of business operations. Quality control involves monitoring and inspecting products or services, while inventory control focuses on managing and tracking inventory items.
Step-by-step explanation:
Quality control is the process of monitoring and inspecting products or services to ensure they meet certain standards of quality. It involves activities such as checking for defects, testing samples, and conducting audits. Inventory control, on the other hand, is the process of managing and tracking the quantities and movements of inventory items. It involves activities such as forecasting demand, setting reorder points, and monitoring stock levels.
For example, in a manufacturing company, quality control would involve inspecting products to ensure they meet specific dimensions or performance criteria. Inventory control would involve tracking the quantity of raw materials and finished goods to ensure they are available when needed.