The Link between Standardisation and Business Development

§ University of KwaZulu-Natal, Durban, South Africa. University of KwaZulu-Natal, Durban, South Africa.

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The Link between Standardisation and Business Development

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Abstract

By simple definition, the term ‘standardisation’ refers to the process of using a set of rules or procedures as a reference point or standard. A business, on the other hand, can refer to any company, institution (including research, scientific and academic), hospital, society or organisation whose objective is to provide services or sell products to communities and/or society while making invaluable contributions to humanity and the economy, at large [Rishan Singh, definitions in context of essay, 2011]. The evolution of businesses rely heavily on finances acquired from banks, external organisations, including the government, and consumer expenditure.

References

8 Cites in Article
  1. (2012). The metric convention.
  2. Andrew Button (1999). English skills for business communication.
  3. (2008). Financial Accounting Standards Board (FASB).
  4. (2012). Technology Services Metric Conversions.
  5. (2012). The Global Body for Professional Accountants (GBPA).
  6. Everlyn Trimburn (1999). Importance of English in business communication.
  7. Shokhobiddinova Shokhista (1999). THE ROLE OF NONVERBAL DEVICES IN HUMAN COMMUNICATION AND THE IMPORTANCE OF NON-VERBAL COMMUNICATION IN THE WORLD OF BUSINESS.
  8. Andreas Nölke (2011). Transatlantic Regulatory Cooperation on Accounting Standards: A ‘Varieties of Capitalism’ Perspective.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. Rishan Singh. 1970. "The Link between Standardisation and Business Development". Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 12 (GJMBR Volume 12 Issue A10).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Classification
GJMBR-A Classification FOR Code: 150312
150314 JEL Code M21
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v1.2

Language
English
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The Link between Standardisation and Business Development

Dr. Singh
Dr. Singh University of KwaZulu-Natal, Durban, South Africa.