Purchase Solution

Establishing Standards to run a business

Not what you're looking for?

Ask Custom Question

What does it mean to Establish Standards? Create a business that sells widgets and try to establish standards in the running of this business. Please stay concise.

Purchase this Solution

Solution Summary

The solution explains both standards and procedures, and presents a good discussion of both.

Solution Preview

The following paragraphs are a combination of standards and procedures. The standards represent the 'plan' and the procedures implement the plan. Overall, the standards for a company should give consideration to "environmental, social and corporate governance" issues.
(businessmirror)

A new business, regardless of the type, must first consider a mission statement. That statement will include business goals and possibly specific guidelines for procedures and operations. A mission statement is a generalized guideline and sometimes a value statement is ...

Purchase this Solution


Free BrainMass Quizzes
Lean your Process

This quiz will help you understand the basic concepts of Lean.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.