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Factory

Unit 5 - Operations management

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Chart Increasing

Unit 1 - Introduction To Business Management

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Briefcase

Unit 2 - Human Resource Management

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Money Bag

Unit 3 - Finance & accounts

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Direct Hit

Unit 4 - Marketing

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Bar-Chart

Unit 6 - Assessment

For a business, gaining a certification for recognized quality standards is like getting a golden star! It tells everyone, &quot;Hey, we&#39;re top-notch!&quot; These standards can be national (within one country) or international (across many countries).

When you see that &#39;Made in Italy&#39; tag on a luxury bag, it&#39;s not just about where it was made but also about the quality assurance. Brands often rely on certifications to reinforce the trustworthiness of their products.

<ul>
	<li>
	IOS (International Organization for Standardization): The big boss of quality! Think of them as the &quot;principal&quot; setting rules for schools worldwide. Their most popular set of standards? The ISO9000 family.
	</li>
	<li>
	EU (European Union): Besides politics and policies, the EU also ensures certain product standards within its member countries.
	</li>
</ul>

Imagine being a runner. Winning a race gives you medals, fame, and even better sneakers! For businesses, getting these certifications means

<ul>
	<li>🌏 Going Global: Can start exporting and making fans worldwide! For instance, a toy manufacturer in Japan can sell their products in Europe, knowing they meet international safety standards.</li>
	<li>🔥 Competitive Edge: It&rsquo;s like having a secret weapon! If two phones have similar features but one has a recognized quality certification, guess which one most people will pick? 😉</li>
	<li>💁&zwj;♀️ Shining Reputation: People think, &ldquo;Oh! They have that certificate? They must be legit!&rdquo; It&rsquo;s like an endorsement from a celeb!</li>
	<li>💰 Save that Cash: Quality products mean fewer recalls. Imagine selling a chocolate bar and then realizing it melts too fast. Recalling and refunding costs a fortune!</li>
	<li>🛡️ Insurance Badge: It&#39;s a safety net. If something goes wrong, the business can say, &quot;Hey, we followed all the guidelines!&quot;</li>
	<li>📈 Bigger Profits: Higher quality = people willing to pay more. It&#39;s like preferring a gourmet burger over a regular one, even if it costs a bit extra.</li>
</ul>

McDonald&rsquo;s has its own quality standards, and they collaborate with suppliers who meet those standards. So, when you&#39;re biting into a Big Mac anywhere in the world, you know it&rsquo;s passed some serious quality checks!

Quality standards are like the secret sauce for businesses. They help products stand out, gain trust, and open doors to the global market. Next time you see a certification on a product, give it a nod of respect; a lot goes behind earning it! 🌟

Unit 5 - Operations management

Unlock Global Success with ISO & EU Quality Standards (HL)

Table of content

What's the buzz? 🎯

Did you know? 💡

Who sets the bar? 🌍

Unlock the Full Content!

Unit 5 - Operations management

Unlock Global Success with ISO & EU Quality Standards (HL)

Table of content

What's the buzz? 🎯

Did you know? 💡

Who sets the bar? 🌍

Unlock the Full Content!