They should not because the costs of setting standards is a one-off cost: there may be costs in maintaining those standards and in delivering services to those standards but that is not part of the cost of setting standards. On the other hand, the benefit of setting standard should be on-going - for ever - and so should outweigh the cost of setting them.
However, that may not be true if services were delivered to a very high standard and setting the standard made no real difference to the delivery (all cost and no benefit), or worse, if the standards set were lower than the existing level (costs and negative benefits).
Furthermore, suppose you sell goods and related after-sales services, but that these services are very rarely required. You may wish to spend a disproportionate amount on setting standards of services and treat the service element as a loss leader in order to be more competitive in selling your products.
Potential benefits to a company that sets high standards is that more people will want to purchase their product or service because of the quality and people may be willing to pay more for it since it is a better good or service.
ok you need go have a poo
OMB or the CPSC are in charge of setting standards for products in your household.
The Environmental Protection Agency is the US agency charged with setting and enforcing pollution standards
measurement of actual performance
Roger A. Rensberger has written: 'Standards setting in the European Union, standards organizations and officials in EU standards activities' -- subject(s): Standardization, Directories, Societies 'Standards setting in the European Union-standards organization and officials in EU standards activities' -- subject(s): Standardization, Directories, Societies
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compromise service
The goal of the personnel responsible for setting standard costs is to provide realistic standards. Only standards perceived to be reasonable are likely to motivate workers to adhere to what is prescribed.
the benifits of setting smart objectives are, because they help you work
The benefits of setting up an account with BT email is that a BT email account which is a secure email account with all the benefits of another account on more common email addresses.
Yesha Y. Sivan has written: 'Setting standards in the age of knowledge' -- subject(s): Education, Standards