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Why Do We Need International Standards

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Why do we need international standards?


Definitions:

Strategic Crafting

The deliberate planning and adjustment of strategies to better align with the changing business environment, ensuring an organization remains competitive and effective.

Strategic Outsourcing

The process of contracting out specific business functions or processes to a specialized external service provider in order to improve efficiency, reduce costs, or focus on core competencies.

Strategy Implementation

The execution phase where strategies and plans are put into action to achieve the organizational goals and objectives.

Strategic Analysis

An evaluation of an organization's external and internal environments to formulate strategies for competitive advantage.

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