Management of IT Governance



Management of IT Governance

Introduction

In presence of various regulatory authorities, it is emiment for the businesses to conduct business compling to the standards laid by them. In case of any non compliance, the organizations can face serious drawbacks. Risks arising due to non compliance can be effectively dealt by adopting efficient information technology softwares.

Food and drug administration authority

Food and drug administration authority of U.S commonly known as FDA, is a regulatory authority that governs fair consumer affairs and protects their rights from the manufacturer's exploitation. FDA has clear guidelines to protect the consumers from unfair practices including affairs related to food, drugs, medical devices, radiation emitting products, vaccines and biologics. FDA regulates all practices related to the advertising and labeling of consumer products as well as other fixed goods owned by the consumers. These fixed goods include cars, property and mortgages. Whereas the consumer products include a broad array of products ranging from food, drugs, dietary supplements and medical devices to cosmetics and other consumer goods.

FDA ensures that the consumers have full access to information related to the products that they are consuming, and that the information provided to them is accurate and useful for them. FDA has placed strict regulations regarding the drugs. According to these regulations the advertisements that are aired by the suppliers concerning any prescription drug must precisely state accurate information about the drug. This information should include all information related to the effects and contraindications of the drug. All the information about the risk related to the drugs should be clearly shown (www.fda.gov).

International Organization for Standardization

International Organization for Standardization most commonly known as ISO is a worldwide organization that regulates the laws for the standardization of products to ensure quality globally. It aims to make the production processes more efficient and effective ...