BUSINESS STANDARDIZATION IN THE WORLD – STATE OF THE ART

Abstract

The purpose of this paper is to conduct an analysis of number of companies with certified standardized management systems (SMS) obtained for standards 9001, 14001, 16949, 13485, 22000, 27000, and ISO50001 across the continents: Central and South America, North America, East Asia and Pacific, Central and South Asia, Europe, and Africa. In 2014 the number of certificates for all SMS amounts1580679 of which 657280 certificates were issued in Europe, 63430 in Central and South America, 74127 in North America, 708091 in East Asia and Pacific, 63002 in central and South Asia, and 14749 in Africa. Since the number of inhabitants and gross domestic product are important growth predicto rs together with number of certificates they are combined for further analysis. The European continent is the leader according to the number of certificates per number of inhabitants , whereas East Asia and Pacific is ranked first in the parameter gross domestic product per number of certificates . Regression analysis is used to calculate the predicted number of certificates including all SMS and it gives forecast for the next decade (2024th year).