International Standardization Of The European Union

Practitioners should check for Kitemarks and CE markings. Kitemarks are symbols that show products have been tested and meet the British Standard Institute requirements. CE markings show that products meet European standards as set out by the European Community.

Assessing and quantifying these types of behavioral reactions regarding the economic consequences of a proposed standard will always pose difficulties for the FASB, “There is no way of determining optimal regulatory policies that maximize the social welfare or the public interest. The best that regulators can do is to try to determine that a net benefit exists-that is, an excess of benefits over costs.” (Wolk et al p 129)

These are the day to day quality standards of the organisation where detailed analysis of quality is measured.

The list also includes standards for different but related topics (like Information Security) when BCM is included only as a minor requirement for compliance. Standards that are issued by 3rd parties or professional groups will only be included if they are ratified by an accredited national standards body or accredited directly by a national accreditation service affiliated to the International Accreditation Forum (IAF).

In 1976, Congress passed the Toxic Substances Control Act (TSCA) in response to a growing national concern about public exposure to toxic chemicals. Since then, it has largely been hailed as a failure for two reasons. First, TSCA has been unable to effectively compel producers to test and disclose adequate information on chemical toxicity. Second, it has been ineffective at designating sufficient resources to the EPA to identify and reduce the possible health and environmental risks associated with new chemicals. Nonetheless, it has been devoid of major revisions since its implementation. In the nearly 40 years of congressional inaction on this issue, many states have intervened by enacting stricter chemical laws that fill in TSCA’s gaps.

When producing a substance that may be hazardous the amount of rules and regulations that must be followed can be overwhelming. Fortunately for parents and the safety of others, the Federal Hazardous Substances Labeling Act was put into effect in 1960. This was due to the numerous of deaths associated with coming in contact with, and ingestion of a hazardous substance. This act was essential to the protection of our nation’s consumers. Many reasons or regulations are given in regards to safety that consumer needs to know. Just a of these rules and regulations included in the Federal Hazardous Substances Labeling Act are: how to determine whether or not a product requires labeling, guidelines regarding

set of standards which is the same in all countries and which does not change over time,

Compliance with industry standards (including system engineering processes, design procedures, emission frequency levels, building codes and materials).

The European Commission – The commission is the EU’s administrative and executive body, it is headed by a president and has a further 24 commissioners.

The Commission is an independent body. Its powers are found in Article 17 on the Treaty on the European Union. Each member state has 1 commissioner; this was a consequence of the Lisbon Treaty.

Standardization: Set of predefined specifications, rules or features that manufactures or producers need to follow when they make/produce the products/goods or components of it. Example- MacDonalds set standardization for each of its menu items like size, weight, food value etc. So, each food item need to prepare according to predefined standard.

“ISO is commonly known as ‘International Organization for Standardization’, the ISO 9001:2000 standard is used for quality systems audited by outside auditors. This standard is applicable for manufacturing companies not only for software. This standard is given based on the documentation, design, production, testing, servicing and other processes.” (Testing Excellence.com, 2009).

The Council is one of the most important decision-making bodies of the EU, existing in order to represent the interests of the member states with regards to EU policy and

Standards- extent of work needed, rfelative complexity materiality, effectiveness of governance, probability of significant erros, and

The European Union is a political community constituted as an international organization whose aim is to promote integration and a common government of the European people and countries. According to the Article 3 of the European Union Treaty, Union’s aim is to promote peace, its values and the well-being of its peoples. It is based on the values of freedom, democracy, equality, law enforcement and respect for human rights and dignity.