Question: Question 1 ( 6 0 . 0 0 Point ) 1 . ISO 9 0 0 1 has experienced multiple revisions and the current versionis

Question 1(60.00 Point)1. ISO9001 has experienced multiple revisions and the current versionis 9001:2015. You are required to discuss the below:a. What is ISO stands for?( no marks)b. Why it is important to acquire ISO standards by organizations?Identify 3 important reasons. (3 x 5 Marks)c. What are the benefits of being certified as a ISO9001 company?Discuss 5 main benefits. (5 x 3 Marks)2. Give short explanation for each terms listed below? (4 x 5 markseach)a.6 Sigmab. TQMc. Lean Managementd. TPS (Toyota Production System)3. The whole world has geared up towards Industrial Revolutions 4.0(IR 4.0) due to the advancement in technology. How does qualityimprovement assist organizations in achieving the IR 4.0?(10 marks)(IR 4.0 consist of Robotics, Big Data Analytics, Artificial Intelligence,Automation & etc.)

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