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

7ps, i have to write on people for my real estate company.

i have to write on people for my real estate company.

Buying situation, #questexplain buying situation change in the purchase of ...

#questexplain buying situation change in the purchase of following products and services ?a computer system ion..

Coefficient of determination, Q . The following are two weekly forecasrs ma...

Q . The following are two weekly forecasrs made by two different methods for the number of gallons of gasoline in thousands, demanded at a local gasoline station. lAlso shown are a

Cost function, A chair manufacturer finds that it costs $ 9800 to manufactu...

A chair manufacturer finds that it costs $ 9800 to manufacture 270 chairs and $ 16675 to manufacture 520 chairs in one day, including all costs associated with the factory and the

Personal Selling, when it comes to selling, personal selling is vital. most...

when it comes to selling, personal selling is vital. most sales people fail due to lack of customer knowledge and proper preparation before

How is solution to customer in personal selling provided, How is solution t...

How is solution to customer in personal selling process provided? Providing solutions to customer: After the presentation when any queries exist, in that case sales execu

Marketing Channel, Does marketing solely to increase profit?

Does marketing solely to increase profit?

Are multimedia contents not significant to e-business, Are multimedia conte...

Are multimedia contents not significant to e-business applications? Multimedia contents significancy to e-business applications: Rather Multimedia contents are most signifi

What is a marketing mix, Problem 1: (i) What is a marketing mix? (ii...

Problem 1: (i) What is a marketing mix? (ii) Will the nature and composition of the marketing mix be the same for all products at the same stage in the product-market life c

Ambush marketing, Ambush Marketing is a purposeful attempt by a business o...

Ambush Marketing is a purposeful attempt by a business or brand to relate itself with an occasion (often a sporting event) so as to gain some of the advantages related with being

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