Heinz Product and Technology Standards

merchandise and Technology Standards Heinz in Chile & South Korea Introduction world-wide markets have become increasingly attractive to companies hoping to secure refreshing customers and add revenues. As barriers to trade have diminished, to a greater extent and to a greater extent companies have found attractive opportunities for expansion in countries immaterial their traditional home markets (Lovka & Powers, 2003). The world(prenominal)ization of markets is the principal driving make behind the need for global product standardization theory. Product and technology standardization is the process establishing a common heap of parameters within an industry so that items produced by different make up ar not only of great quality still also they back tooth work together when needed. Standardization refers to the consistency of a product or service and the ability of the shaper to produce and reproduce that product or service with as little variation as possible. Standardization is necessary in order to ensure that consumers around the world receive the kindred quality of product or service regardless of where and how they are produced. The benefits of standardization may not always clearly be visible but it is enormous for our society.

Multinational Organizations who conforms to International Standards elicit easily compete on many markets around the world. When products and go are based on International Standards, customers have more choices because of worldwide compatibility of these products. Standardization benefits all stakeholders because it acts to enhance the activity of global trade by eliminating a barrier to interop datebility. International Standards can contribute to the quality of life in general by ensuring that the product and services we use are safe, reliable, efficient and mutual easily. ISO and Standards From invention to implementation to business management, standardization played a key role in launching the electric era economic boom (Wright, 2003). In 1901, the U.S.... If you want to get a full essay, order it on our website: Ordercustompaper.com

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