Quality standard iso 9000 certification to 2tw, Marketing Management

Assignment Help:

The company 2TW manufactures and sells products overall Europe and is organised into dozens of strategic business units (SBUs). SBU managers, who report to regional directors, have for more years been paid bonuses on total SBU sales generated. This has led to a fast growth in overall turnover but 2TW has experienced declining profitability over the past few years, and the Chief Executive fears a loss of control over SBU operations. As a result, six months ago 2TW's Chief Executive used management consultants to conduct a whole organisational review. The management consultants have now reported that:

  • inadequate quality control systems exist within the company, which has led to differing operating efficiencies between SBUs;
  • there are significant numbers of returned goods which needs replacement or reworking;
  • current incentives for SBU managers are inappropriate given 2TW's declining profitability.

Describe the potential benefits of quality standard ISO 9000 certification to 2TW. 

 

The International Standards Organisation (ISO) issues standards that are globally recognised, and include the ISO 9000 series. ISO 9000 gives a systematic approach to managing business processes to manufacture products that conform to customer expectations. The Chief Executive believes that significant advantages to 2TW might arise by gaining the quality standard ISO 9000 certification.

Overcoming internal weaknesses 

Currently 2TW has inadequate quality control systems which have led to differing operating efficiencies among SBUs and there are significant numbers of returned goods which needs replacement or reworking.

Customer satisfaction

The significant numbers of returned goods mean that customers are not at present receiving products of the quality they expect.

Enhanced company reputation

If 2TW customers are not at present receiving products of the quality they expect then this can be very damaging to the company's reputation.

Improved sales

Organisational growth could arise as sales improve by:

  • Repeat purchases by satisfied customers.
  • New customers attracted by the recommendation of existing customers.
  • New customers attracted by a growing reputation and a guarantee of quality by ISO accreditation.

 


Related Discussions:- Quality standard iso 9000 certification to 2tw

Total outsourcing of cis for wv8, WV8 is a large not for profit (NFP) publi...

WV8 is a large not for profit (NFP) public sector organisation responsible for organising the operation of publicly financed schools within its region. WV8 receives its income sole

Three uses of line stretching, depict the concept of line stretching and th...

depict the concept of line stretching and the three uses for it?

What is a behavioral measure of customer satisfaction, What is a behavioral...

What is a behavioral measure of customer satisfaction measurement? Behavioral Measures of Customer Satisfaction Measurement: This is sometimes believed that dissatisfactio

Importance of the study of the consumer behaviour, Importance of the study ...

Importance of the study of the consumer behaviour: in olden days, the importance of consumers behaviour was not realized because it was sellers in the olden days, the importance o

Value and satisfaction, Value and Satisfaction Customer value: it is t...

Value and Satisfaction Customer value: it is the difference between the values that the customer achieves from owning and by using a product and the costs of getting the produ

Market factors or consumer factor affecting channel decision, Market factor...

Market factors or consumer factors: the following market or supply characteristics influence the channel decision: A.      Consumer or industrial market: the producer of cons

Factors affecting environmental appraisal, Factors affecting environmental ...

Factors affecting environmental appraisal: given, the same environmental conditions, no two strategies or two organizations would appraise the environment in a similar function. T

Caselets, 1.Considering the concept of product life cycle, where would you ...

1.Considering the concept of product life cycle, where would you put video games in their life cycle? 2. Should video game companies continue to alter their products to include oth

Difference between business and systems integration, 1. Offer an example, r...

1. Offer an example, real or imaginary, of firms in each of the following three situations (do not use the Wiztech case as the basis of your response). Thoroughly explain your exam

Measure the return on investment of an advertising campaign, Question 1: ...

Question 1: What role does copy play in a campaign? Why copy has to be written with great knowledge and skill. All relevant points needs to be addressed from Unit 6 compl

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd