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Communication channels for clients as well as standardized business processes and practices will be simplified and standardized.
Insuring airplanes is now a fairly standardized business.
The devices and subsystems need to comply to standardized business and quality requirements of a specific IoT domain.
Disciplined, standardized business processes, where appropriate, ensure the accuracy and security of core transactions and back-office processes.
To control downside, managers make and track long lists of standardized business risks, as in the interminable listing of risk factors in the Management Discussion & Analysis (MD&A) required by regulation in the annual financial statements of public companies.
Rosenthal's research led to her to Thomas Affleck's Cotton Plantation Record and Account Book, a workbook of blank standardized business forms published around 1848 and widely available to most plantation owners.
Similar(44)
Digitization involves standardizing business processes and is associated with cost cutting and operational excellence.
Digitization involves standardizing business processes and is an important enabler of digital, but digitization on its own won't make a business a digital company.
Most big companies have worked hard to standardize business models and create simplified operating structures to leverage economies of scale across a wealth of 'core' assets i.e. product development, manufacturing expertise, distribution reach, consumer insights, talent and suppliers.
The scoring errors disclosed this week on thousands of the College Board's SAT tests were made by a company that is one of the largest players in the exploding standardized testing business, handling millions of tests each year.
They also need to demonstrate to regulators they have active programs in place to prevent financial crime, with controls that are robustly enforced and standardized across business units and geographies.
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