Standardization or standardisation is the process of implementing and developing technical standards based on the consensus of different parties that include firms. Q1 discuss the advantages and disadvantages of standardization strategies and adaptation strategies in a global environment standardization is the process by which a company makes it. Bulletin of the transilvania university of braşov • vol 3 (52) - 2010 series v: economic sciences the advantages of global standardization a madar1 a n neacşu1 abstract: the. Advantages standardization is the process by which a company makes it methods, especially its production processes, uniform/identical throughout its organization.
Organizations must deploy product equipment standardization strategies in their supply chains to realize even more advantages and save money. Benefits of standardization for product standards the benefits may be broadly summarized under the headings variety reduction, interchangeability, and availability: the effects of variety.
The disadvantages of a standardization business standardization puts an emphasis on the strengths & weaknesses of core competencies & competitive advantages.
However, the businesses surveyed rate the effects of standardization on transaction costs as positive.
Advantages of standardization manufactures: rationalize different varieties of products decrease the volume of products in the store and also the manufacturer cost.
Efficiency the biggest advantage of a global strategy is that it enables a company to leverage economies of scale when it sells the same product worldwide, it can buy its raw materials in.
Writing sample of essay on a given topic advantages and disadvantages of standardization.