ISO 9000 Is

question 39

Multiple Choice

ISO 9000 is

• A)A global labor standard.
• B)A rule imposing customs duties for global trade.
• C)A global standard for quality.
• D)A production scheduling rule.

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Definitions:

Entry or Exit

The process of a firm beginning operations in a market (entry) or leaving a market (exit), influenced by factors like profitability and barriers to entry.

Industry Expanding

A phase where the sector's businesses are growing in terms of production, workforce size, or market reach.

Production Facilities

Physical locations designed and equipped for the production of goods or services.

Raw Materials

The basic, unprocessed inputs used in manufacturing or production processes to create goods and products.