
Performance Guarantees
Performance guarantees are assurances provided by a company or service that specify the level of quality or service you can expect. They establish beforehand measurable standards or outcomes, such as delivery times or product quality. If the company fails to meet these standards, they may offer remedies like refunds, replacements, or compensation. These guarantees help build trust by clearly defining expectations and accountability, ensuring that the provider commits to maintaining certain performance levels, and giving customers confidence in their purchase or service experience.