Question

Explain what is meant by product/ service standards and best practice models. (200–250 words)

Answer 1

Answer:

Every comany have the desire to provide the customers with the best quality products or services. To achieve this goal entrepreneurs must have to establish certain quality standards that will allow them to know how standard the product or service they are providing.​​​​​​​These standards will allow you to know whetheror not to modify some aspect in order to improve the processes and the products that are offeredto the public.​​​​​​​Quality standards are then benchmarks that serve to set aminimum of conditions necessary for the features and characteristics of a product or service to beable to efficiently meet the needs of consumers.​​​​​​​It is an offence to supply consumer goods or product-related services that do notcomply with product/service standards. View Penalties & consequences for more informationabout product/service standards and the law.​​​​​​​Best practice means finding - and using - the best ways of working to achieve your business objectives. It involves keeping up to date with the ways that successful businesses operate - in your sector and others - and measuring your ways of working against those used by the market leaders.​​​​​​​This best practice may be through standards or through benchmarking.

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