ISO 9000
ISO 9000 definition - finance
A quality management standard created by the
International Organization for Standardization (ISO). ISO establishes and
defines effective quality systems for many manufacturing and service
industries, but the ISO 9000 is the most well-known. Companies can be certified
as meeting ISO 9000 standards by going through an evaluation process. There are
350,000 ISO-9000 certified organizations in over 150 countries. ISO is a
standard that frequently is used in Europe, while in the U.S. companies are
more likely to follow Total Quality Management procedures.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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