Solutions Flashcards

1
Q

Meeting International Standards

A

Improved Credibility and Reputation

Signal to customers and stakeholders that a company follows best practices for quality, safety, or security

Enhances trust and opens opportunities for partnerships, contracts, or bids

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2
Q

Market Access / Competitive Advantage

A

Unlock new market opportunities

Give edge over competitors who don’t meet same levels of compliance

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3
Q

Customer Satisfaction and Retention

A

Standards help ensure consistently delivered high-quality products and services

Increased satisfaction and loyalty - long term profitability

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4
Q

Operational Efficiencies

A

ISOs can identify pitfalls in process and procedures (through documentation of procedures), resource optimisation (identify waste), and risk management (identify and mitigate risks early / before they happen)

Consistency across locations - multiple branches, same quality of product

Streamlined processes, reduced waste, and quality control = lower costs and increased efficiency

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5
Q

Compliance with regulations

A

Meet local and international requirements

Compliance with data protection, health and safety, and environmental standards

Reduce risk of fines and penalties

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6
Q

Risk Management

A

Protection of sensitive information

Preserve reputation

Minimise Operational risks
- Early mitigation = avoided
disruptions

Cost reduction
- Costly recovery measures (data recovery, legal fees, damage to infrastructure)

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