TYPES OF STANDARD

 TYPES OF STANDARD

1. IDEAL STANDARDS

This may be described as an established standard specifically designed on the basis of maximum productive capacity of the organization i.e. standard established without providing adequately for any negative factor that may inhibit the attainment of the standards. For example, labor standards established without the provision for lateness, absenteeism, industrial action, annual leave, maternity leave etc.

2. ATTAINABLE STANDARD

Also referred to as practical standards. This will represent an established standard specifically premised on what is considered practicable within the organization. Practical standards are established with adequate provision for negative factors that may affect the attainment of the established standards. For example, in establishing production standards, adequate provision is given to ideal time or loss of production due to machine breakdown, loss of power, lack of raw materials, repairs and maintenances etc.

3. CURRENT STANDARDS

This will be described as an established standards specifically based on the prevailing working condition within the organization or the industry at large. Current standards are however subject to frequent changes in order to reflect the current position within the organization.

4. BASIC STANDARDS

This will represent an old established standards designed principally to satisfy a given objective. Basic standards are not subject to frequent alterations, therefore, outdated in nature.