Benefits of Standardization Benefits of Standardization Benefits of Standardization The main criteria for international standardization are: • Improvement in universal technical communication and mutual understanding; Facilitation of international exchange of goods and services; Removal of technical barriers to trade; Transfer of technology. • • • Benefits of Standardization • • • • • • • • Uniform terminology is created Sizes and dimensions are co-ordinated and adapted Variety is reduced Function
Words: 635 - Pages: 3
supervision” Pearce, J. A. & Robinson, R. B. (2013). Functional organization structure: “Structure in which the tasks, people, and technologies necessary to do the work of the business are divided into separate “functional” groups (e.g., marketing, operations, finance) with increasingly formal procedures for coordinating and integrating their activities to provide the business’s products and services” Pearce, J. A. & Robinson, R. B. (2013). According to Pearce, J. A. & Robinson
Words: 654 - Pages: 3
Growth Strategies……………………………………………………………………………………………………………..9 X. Appendix G - Product / Market Matrix……………………………………………………………………………………………………..10 XI. Appendix H - BCG Growth Share Matrix……………………………………………………………………………………………………11 XII. Appendix I - GE 9-Cell Matrix……………………………………………………………………………………………………………………12 XIII.
Words: 3353 - Pages: 14
roots. | Website affirmed | %100 competitive advantage, hardcore football fans haven’t seen before. | XFL would recruit players from the NFL’s golden age | To serve as coaches and league officials in support of this vision. | Cutting-edge marketing and production value | Transform football broadcasting by cresting “reality show arguably greatest sport on TV. | Unique focus on fans | Audience oriented league | Less expensive tickets | More fan support from families and lower-income
Words: 1442 - Pages: 6
Accounting: Focus on the Red Flags Written by Richard M. Rockwood May 2002 © Copyright 2002, FocusInvestor.com. All rights reserved. This material is for personal use only. It is a violation of federal copyright law to reproduce part or all of this publication without written permission from FocusInvestor.com. The goal of this short article is to show the investor examples of how companies can manipulate their reported earnings. This article also provides information on what warnings signs
Words: 3529 - Pages: 15
PLANNING Learning Objectives – module 2 At the end of the session the student should be able to understand the decision making process, the various types of decision making and the planning process in an organisation. They are also expected to comprehend the outcomes of a planning process like vision, mission, objectives & strategy. The module has 4 sessions Topics – Module 2 (4 sessions) Decision making Types of planning The planning process/ framework Strategic planning in an organisation
Words: 1957 - Pages: 8
A Winning Brand in Healthcare’s Retail World Define It. Package It. Live It. Lindsay R. Resnick Chief Marketing Officer Defining Your Brand A brand is more than just a logo or a slogan. It is an organization’s image, its point of distinction and its promise to everyone who experiences it—clients, prospects and employees. “A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.” – Jeff Bezos © 2011 KBM Group CONFIDENTIAL & PROPRIETARY
Words: 1602 - Pages: 7
MA360 EXAM SOLUTIONS – 2011 SECTION A Question 1 (a) |Selling Price per|Year 1 Sales Units |Year 1 Year End Stock units |Year 2 Unit Sales |Sales Revenue Year 1 | |Unit (£) | | | |(£) | |20,000 |800,000 |400,000
Words: 3486 - Pages: 14
big changes in the world, whereas “incremental” innovations fill in the process of change continuously. Innovation is the motor of the modern economy, turning ideas and knowledge into products and services. 1 Apple, Google, 3M, Toyota, Microsoft, GE, and P&G were the most innovative companies in the year 2006 as per the annual list of the world’s 25 innovative firms. Innovation has been mostly discussed related to technology, product and processes. It has been argued that product and process innovation
Words: 711 - Pages: 3
The Coca-Cola Company An amazing 1.8 billion servings of Coca-Cola products are sold around the world every day, according to Steve Buffington, vice president of supply chain development and director of supply chain, Bottling Investments Group for The Coca-Cola Company. Making sure that every one of its thirsty clients gets the right product, at the right time and in the right price range is Coca-Cola’s supply chain priority. Buffington, a 34-year veteran with The Coca-Cola Company, has been
Words: 1096 - Pages: 5
