Relationship between key economic indicator,(GDP) and ISO certification take-up in selected developing economies

ABSTRACT In an economic environment characterised in recent years by globalization and the integration of economic processes, standardization in Quality Managements Systems has had a high growth. In this context, there has been a remarkable increase in the number of certifications issued by Interna...

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Main Author: Owede, Tope
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/24117/
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author Owede, Tope
author_facet Owede, Tope
author_sort Owede, Tope
building Nottingham Research Data Repository
collection Online Access
description ABSTRACT In an economic environment characterised in recent years by globalization and the integration of economic processes, standardization in Quality Managements Systems has had a high growth. In this context, there has been a remarkable increase in the number of certifications issued by International organizations especially to countries known and defined as “developing”. Amongst these standards, one stands out which is issued by the International Organization for standardization (ISO), this is known as the family of ISO 9000 standards. The ISO 9001 series has seen an increase in the number of certification obtained by developing countries. This adoption, gives developing countries the opportunity to compete in global market place as being ISO 9000 certified is seen as an entry qualifier into the global market place. The purpose of this study is to observe and analyze the relationship between the economies of selected developing countries and ISO take up in the selected countries (Nigeria, Kenya, Egypt, Mexico and China), with the aim of finding a possible relationship between these country’s economic development and its ISO 9001 certification status. Having this in mind, the research employs the use of primarily quantitative techniques with some qualitative elements in order to achieve its objectives. Particularly, a linear regression analysis is run using the data collected by using Pearson’s technique for calculating the correlation coefficient (r) and (r^2) using Microsoft excel. This particular technique for calculating correlation coefficient was chosen because it is more suitable to measure the strength and the direction of a linear relationship between two variables when ratio-typed data are used. From this study, it has been discovered that there is a linear and strong correlation between ISO certification take up in the selected developing countries across continents and their GDP which signifies the level of economic growth of countries.Moreso, it also found out that the main reason why developing countries get ISO 9000 certificates is because of customer pressure and the also the ability to compete in the global market.
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spelling nottingham-241172022-03-21T16:08:04Z https://eprints.nottingham.ac.uk/24117/ Relationship between key economic indicator,(GDP) and ISO certification take-up in selected developing economies Owede, Tope ABSTRACT In an economic environment characterised in recent years by globalization and the integration of economic processes, standardization in Quality Managements Systems has had a high growth. In this context, there has been a remarkable increase in the number of certifications issued by International organizations especially to countries known and defined as “developing”. Amongst these standards, one stands out which is issued by the International Organization for standardization (ISO), this is known as the family of ISO 9000 standards. The ISO 9001 series has seen an increase in the number of certification obtained by developing countries. This adoption, gives developing countries the opportunity to compete in global market place as being ISO 9000 certified is seen as an entry qualifier into the global market place. The purpose of this study is to observe and analyze the relationship between the economies of selected developing countries and ISO take up in the selected countries (Nigeria, Kenya, Egypt, Mexico and China), with the aim of finding a possible relationship between these country’s economic development and its ISO 9001 certification status. Having this in mind, the research employs the use of primarily quantitative techniques with some qualitative elements in order to achieve its objectives. Particularly, a linear regression analysis is run using the data collected by using Pearson’s technique for calculating the correlation coefficient (r) and (r^2) using Microsoft excel. This particular technique for calculating correlation coefficient was chosen because it is more suitable to measure the strength and the direction of a linear relationship between two variables when ratio-typed data are used. From this study, it has been discovered that there is a linear and strong correlation between ISO certification take up in the selected developing countries across continents and their GDP which signifies the level of economic growth of countries.Moreso, it also found out that the main reason why developing countries get ISO 9000 certificates is because of customer pressure and the also the ability to compete in the global market. 2010 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/24117/1/Disseration.pdf Owede, Tope (2010) Relationship between key economic indicator,(GDP) and ISO certification take-up in selected developing economies. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Owede, Tope
Relationship between key economic indicator,(GDP) and ISO certification take-up in selected developing economies
title Relationship between key economic indicator,(GDP) and ISO certification take-up in selected developing economies
title_full Relationship between key economic indicator,(GDP) and ISO certification take-up in selected developing economies
title_fullStr Relationship between key economic indicator,(GDP) and ISO certification take-up in selected developing economies
title_full_unstemmed Relationship between key economic indicator,(GDP) and ISO certification take-up in selected developing economies
title_short Relationship between key economic indicator,(GDP) and ISO certification take-up in selected developing economies
title_sort relationship between key economic indicator,(gdp) and iso certification take-up in selected developing economies
url https://eprints.nottingham.ac.uk/24117/