Standardization can help maximize compatibility, interoperability, safety, repeatability, or quality.It can also facilitate commoditization of formerly custom processes. Standardization is slow . Improve, and Control Tools By: Richard Chua 58,940 viewers. Control in a business setting, or organizational control, involves the processes and procedures that regulate, guide, and protect an organization.It is one of the four primary managerial functions, along with planning, organizing, and leading. Credit control is a business strategy that promotes the selling of goods or services by extending credit to customers. Automation - Automation - Advantages and disadvantages of automation: Advantages commonly attributed to automation include higher production rates and increased productivity, more efficient use of materials, better product quality, improved safety, shorter workweeks for labour, and reduced factory lead times. Quality Control, QC, is the set of activities that control the quality of product being developed by identifying any bugs that might be present. Total quality management (TQM) consists of organization-wide efforts to "install and make permanent climate where employees continuously improve their ability to provide on demand products and services that customers will find of particular value." The task of actual testing is performed to find out and identify the bugs present in the product. ISO 14000 is a development of ISO 9000. It is a corrective process. Quality control process is a subset that falls under the quality assurance. The process of standardization is sometimes slow compared to the development of technology. The federal Pension Benefits Standards Act requires that A. pension funds be held in trust by the pension members members B. employers must have a minimum vesting period of forty years C. the funds not be under the complete custody and control of either the employer or the employees Standardization assists with cost cutting by removing a duplicated effort and enables the organization to take advantage of the economies of scale when making purchases. Most businesses try to extend credit to customers with a … Bases of differential pa within a specific job-usually based on seniority 3. Control in general is a device or mechanism used to regulate or guide the operation of a machine, apparatus, or system. Introduction Standardization is defined as a process whereby which a company makes its methods, mostly due to its production process, and uniformity throughout the organization. Organization's pay rates relative to going rates in the market ... -Believe it can provide other intangible or more subjective benefits to employees in return for their accepting a wage rate that might be lower ... instead of using points, it uses standards as benchmarks. Learn about the benefits of standardization and the four types of standard work that apply to any type of work or industry. It also consists of a set of voluntary standards—with a focus on environmental systems and management. Ultimately, ISO 14000 will incorporate 20 separate standards covering a wide range of topics, including environmental auditing, labeling, and product life cycles. Because of this, technology is often introduced first and standardized later. Standardization is slow because all parties should have the chance to comment on … Standardization or standardisation is the process of implementing and developing technical standards based on the consensus of different parties that include firms, users, interest groups, standards organizations and governments.