Implications of Proper Usage of ISO to the Economy

To date, consumers are very much expecting that products and services must be perfectly created

, delivered, or rendered. Costumer satisfaction is the general standard all manufacturers and brokers must comply. They must create and meet demands to survive in the industry. And between the two major sides of the business world is a standard-setting body.

International Organization for Standardization, or ISO, is the global federation of national standards organizations that represent over a hundred countries all over the world. ISO is the main figure responsible for all aspects of standardization in the world.

For the business world, quality management system, or QMS, is essential not only for its growth but also for its success. To revolutionize every sector of business and improve corporate handling, ISO issued a set of standards by which all companies around the world are encouraged to heed and comply.

ISO 9001, the standard of QMS, is issued to provide unified principles for setting up effective quality management throughout the world. Conceptualized in 1994 and revised in 2000, the modified ISO 9001 takes a comprehensive approach on all the industry sectors, like the ESD 20:20 Certification, rather than the focus on the manufacturing sectors at the previous version.

The structure of the modified ISO 9001 is based on the steps of preparation, execution, verification and action, which are derived from the 8 QMS principles of costumer focus, leadership, involvement of people, process approach, system approach to the management, continual movement, a factual approach to decision-making, and mutually beneficial supplier relationships. The standard covers all parts of organizational activities: identification of essential processes, definition of roles, responsibilities, policies and objectives, documentation requirements, resource management, product and process development, design schemes, proper transaction and brokerage and effective communication between the supplier and the consumer.

ISO 9001 has greatly improved the producer-broker-consumer relationship. By introducing a standard that can make manufacturers more productive and long-lasting, make brokers and distributor conduct more effective and advantageous deals to both parties, and make consumers more satisfied with the product or service. By such ideals, ISO can uplift the sagging world economies and bring prosperity and stability to mankind.

Implications of Proper Usage of ISO to the Economy

By: Joshua Green

POST COMMENT

Economy Of The Bahamas Growth In Us Economy - A Glimmer Of Hope For The Us Economy Barvetii German Economy Sees Record Growth. Economy treading water as jobless rate edges up Which sectors of the economy look the most promising? Economy- Media Propaganda! As The Economy Stumbles The Pessimists Are Gaining Attention Haier Tv Model Card Led Interpretation "low Carbon Economy" Is The Economy Of The United States Recovering? Prospects For The Economy Of Wood A Deep Overview Of Nigerian Economy!!! Starcraft 2 Zerg Fast Expand Build Order - Get A Huge Economy WonderKing information: the Economy and the Bomb (wk zed)