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The Role of Standards in Company Management

Anca Cristina Stanciu ()
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Anca Cristina Stanciu: “Ovidius†University of Constanta, Faculty of Economic Sciences, Romania

Ovidius University Annals, Economic Sciences Series, 2022, vol. XXII, issue 1, 749-752

Abstract: Standardization as an approach and the application of standards both at the macroeconomic and microeconomic level represents in the current period of development an imperative to ensure competitiveness but at the same time a condition that allows participation in certain markets. With increased development among industrialized countries, internationally accepted norms or standards are needed to support this trend. This paper supports and argues the idea that organized standardization has now become an important element of infrastructure needed for the healthy growth of industry and commerce in all countries of the world. The international standards of ISO contribute to benefiting consumers, businesses, governments and society as a whole.

Keywords: standards; management; development; competitiveness (search for similar items in EconPapers)
JEL-codes: L15 L21 M10 M11 M14 (search for similar items in EconPapers)
Date: 2022
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