Business & Finance (Q&A)

Answer:

ISO 9001:2008 is the International standard for Quality Management Systems (QMS). It provides a Company with a set of Principles that ensure a common sense approach to the management of one's business activities to consistently achieve customer satisfaction. ISO 9000 is maintained by ISO, the International Organization for Standardization and is administered by accreditation and certification bodies.

Any Organisation can benefit from implementing ISO 9001:2008 as its requirements are supported by Eight Management Principles:

1. A customer focused organisation.
2. Leadership.
3. The involvement of people.
4. Ensuring a process approach.
5. A systematic approach to management.
6. A factual approach to decision making.
7. Mutually beneficial supplier relations.
8. Continuous improvement.

Next Question: Which is the World's Largest Diamond Producing Country?

Previous Question: Which is the Ninth Largest Crude Oil Importer in the World?