The term "Quality Floor" refers to a minimum standard or level of quality that must be met by all products, services, or processes within an organization. It is essentially the lowest acceptable level of performance or reliability for any product or service offered by the company. The Quality Floor ensures that all offerings meet at least this basic threshold of quality and helps to maintain consistency across the board. This concept is particularly important in industries where safety, healthcare, or other critical aspects are involved, as it sets a minimum standard for performance that must be met by all providers.