1. O BJ. 2.05 Grades and Standards

2. Why learn about Standards and Grades? How do Standards and Grades effect YOU? Grades and Standards

3. What did you eat for Breakfast or Lunch? Grades and Standards

4. How did Grades and Standards effect your food? Milk Inspected Eggs Quality Fresh Fruit Appearance and Condition Grades and Standards

5. O THER E XAMPLES OF H OW C OMPANIES U SE G RADES AND S TANDARDS Specific tire sizes to fit our specific cars ALL children’s fever-reducing medicine contains: same ingredients same doses (regardless of what brand it is)

6. O THER E XAMPLES OF H OW C OMPANIES U SE G RADES AND S TANDARDS Movies: Ratings Rated: R Restaurants: – Ratings Andy’s Rated: 97.5

7. W HAT A RE G RADES AND S TANDARDS ? Grades: Ratings assigned to products that tell to what extent standards were met Standards: Specifications that are used as a basis for comparing or judging goods or services

8. G RADES AND S TANDARDS What are some standards being used in your classes? A = Excellent ! What do you have to do to earn a good grade?

9. G RADES AND S TANDARDS These requirements now become your standards that the teacher uses as her evaluation tool Your work compared to standards = GRADE

10. G RADES AND S TANDARDS How do Businesses use Grades and Standards? Standards are set Products are rated against standards and assigned a grade

11. G RADES AND S TANDARDS What do businesses do with products that fail to meet lowest standards? – Products are thrown away, revamped or sold at discounted prices

12. G RADES AND S TANDARDS Why do we use grades and standards? To make sure products are reliable How to use a product correctly and safely: milk, oil Where certain products can be sold: GAP vs Old Navy Indicate who the user can/should be: industrial or home use Helps Salespeople: justify price, sell benefits, meet customer needs Indicate product safety: food Help sell products abroad: meet requirements for producing and shipping

13. G RADES AND S TANDARDS Do you think the GAP will offer low grade clothes at their store? NO! What would the GAP do with these clothes? Sell at Outlet or Old Navy

14. G RADES AND S TANDARDS How do Grades and Standards aid in the buying and selling process? Speeds things up! Consumers do not have to inspect. We know what products rank higher than others.

15. G RADES AND S TANDARDS How are grades and standards important in a Global Market? – By using certain requirements, products are known safe to use internationally. – The standard is known as 1S0 9000

16. G RADES AND S TANDARDS What groups develop grades and standards? Government Agencies: ex. food, medicines, fair advertising Trade Associations and Professional Organizations: ex. AAA, Rate Hotels Businesses: mattresses rated based on firmness

17. G RADES AND S TANDARDS What are 4 types of standards that businesses use? 2. Quality: the degree of excellence to be expected from a good or service 1. Quantity: how much will be produced in 1 day 3. Time: the amount of time it takes to complete an activity. 4. Cost: used to specify project or product costs.

18. G RADES AND S TANDARDS Examples of Graded Products 1.Agricultural raw materials- like cotton/wheat 1.Food Products: a.USDA- Meat b.Dairy c.Fresh Produce d.Fish 3. Oil- Graded according to its thickness 4. Fuel- Graded according to its octane rating 5. Coal- Graded according to its carbon and sulphur content 6. Lumber- Hardwoods are graded according to size, quality, and type of wood

19. GRADES AND STANDARDS Other building/construction materials Steel, insulation, roofing materials, concrete Electronics such as televisions and computers: higher the grade, clearer the picture and faster the processors Miscellaneous household products: art materials, sports equipment, playground equipment, children’t toyts