Heinz Product and Technology Standards

harvesting and Technology Standards Heinz in Chile & South Korea Introduction world(prenominal) markets have become increasingly attractive to companies hoping to secure new-sprung(prenominal) customers and add revenues. As barriers to trade have diminished, much and to a greater extent companies have found attractive opportunities for expansion in countries extracurricular their traditional home markets (Lovka & Powers, 2003). The orbiculateization of markets is the principal driving military strength behind the need for global product standardization theory. Product and technology standardization is the process establishing a common send of parameters within an industry so that items produced by different represent be not only of great quality however also they screwing work together when needed. Standardization refers to the symmetry of a product or service and the ability of the maker 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 akin 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 rump 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 geological erability. 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 exchangeable 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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