What is International Standards Organization about? Describe it briefly and explain if it is important to customers and why? Please give an example of why it might be important.

 

 International standard-setting body comprises of representatives from different national standards organizations which was founded in 1947. It promotes worldwide proprietary, industrial, and commercial standards. Its headquarters are based in Geneva, Switzerland, and operates in 165 countries worldwide.

Step-by-step explanation

 International standard-setting body comprises of representatives from different national standards organizations which was founded in 1947. It promotes worldwide proprietary, industrial, and commercial standards. Its headquarters are based in Geneva, Switzerland, and operates in 165 countries worldwide.

International standards organization deals with production, service management, deliveries & supply chain management. It's accomplished by experts who possess knowledge in the field of expertise (suppliers' manufacturers, regulators and customers). Food safety standards management are put into place to ensure products are not contaminated. Information technology standards provide security to vital organization(s) data

International standards ensure that consumers access readily available quality services and products. This is achieved by ensuring safety of products. For instance, safety in production, distribution and consumption of medical products.

Standardization is a designed tool to ensure marketing of products and services. Application of IOS in investments brings about competitive advantage, which results to effective and lower cost of production, increased product safety and trust from consumers due to adherence to regulation rules.