A company should develop or expand its quality policy in order to:

The best choice is to develop or expand a company's quality policy in order to describe its fundamental quality beliefs. A robust quality policy serves as a foundation for all quality-related activities within the organization. It encapsulates the organization's core values and beliefs about quality, guiding decision-making processes and influencing the behavior of employees and stakeholders.

When a company clearly articulates its quality beliefs, it ensures that everyone within the organization understands the importance of quality and is aligned with the same goals. This alignment can lead to a culture of quality where all employees are motivated to contribute to improvements and maintain standards. Additionally, a well-defined quality policy can enhance customer satisfaction by ensuring that products and services consistently meet or exceed expectations, ultimately leading to better business performance and reputation.

While improving cycle time or increasing employee output can be beneficial, these are typically results of implementing a strong quality policy rather than the primary purpose of developing one. Documenting supplier demands also falls outside the scope of what a quality policy aims to accomplish, which is primarily focused on internal quality beliefs and practices.