Difference Between AISI and ASTM

These institutions and agencies set rules and regulations and discuss requisite changes and alterations of the domain. Two such main institutions are AISI and ASTM.

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Business Quiz

Test your knowledge about topics related to business

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A partner in a firm _____.

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In order to gain a competitive edge on the competition, some companies focus on:

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A person who risks both time and money to start and manage a business is called ___________.

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_________ deals with appointing people and placing them at the appropriate jobs.

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Who is not entitled to the share of profits?

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Individual Ownership is called as?

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A valid definition of a business purpose is to ______.

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Small scale firms are ____________ flexible in their functioning.

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Planning and control are _________ functions of an office.

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Working capital means _________.

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AISI vs ASTM

The difference between AISI and ASTM is that AISI stands for American Iron and Steel Institute while ASTM stands for American Society for Testing and Materials. AISI has been established in the year 1855 while ASTM has been established in the late 1800s.

AISI vs ASTM

It operates mainly for the expansion of the iron and steel industry in specific regions like North America and the United States of America.

Being an international institution, it has an association with over 140 countries in the world. The headquarters of ASTM is in Pennsylvania.

Comparison Table

Parameters of ComparisonAISIASTM
Full form American Iron and Steel Institute American Society for Testing and Materials
AimTo create awareness among the mass about the fashion, changes, and basic information of the iron and steel industry To test, classify and specify the products and materials, generate awareness and guidance for both the ends – suppliers as well as consumers
PrincipleBuild foundation for the industries of iron and steel Creation of standards of any product production and development
Products Steel and ironWide range of products and services like non-ferrous metal products, fossil fuels, petroleum products, paints, electrical, nuclear, electronic, aromatics, rubber, textiles, plastic, and others
Headquarters New York West Conshohocken, Pennsylvania, northwest of Philadelphia

What is AISI?

AISI stands for American Iron and Steel Institute. It is the oldest association in trade. It is set in the United States of America. AISI had existed from the year 1855 and gained its presence from the year 1908.

The main focus of this institution has always been on the production and standards of pig iron. American Iron and Steel Institute is a body where discussion and alterations related to the details of the iron and steel industry are done.

AISI aims to create awareness among the mass about the fashion, changes, and basic information of the iron and steel industry. In general, it educates people. AISI was initially named as American Iron and Steel Association (AISA).

It even designates certain grades of carbon and alloy products. The headquarters of AISI is in New York.

What is ASTM?

ASTM stands for American Society for Testing and Materials. It is one of the oldest associations in trade. It was established in the late 1800s.

American Society for Testing and Materials is involved in various kinds of substances and components like non-ferrous metal products, fossil fuels, petroleum products, paints, electrical, nuclear,

electronic, aromatics, rubber, textiles, and plastic components.

The main job of ASTM is to produce methods for testing, classifications, and specifications of the products and materials, awareness, and guidance for both the ends – suppliers as well as consumers.

ASTM has produced over 12000 standards and has huge coverage of products. It has an association with over 30000 experts of the technical domain required.

Main Differences Between AISI and ASTM

  1. AISI standards operate in North America and the United States while ASTM standards are used by over 140 countries in the world.
  2. AISI aims to expand and grow the steel and iron industry of North America while ASTM focuses on regulation, development, and production of different products and materials.

References

  1. https://onlinelibrary.wiley.com/doi/abs/10.1002/mawe.201800045
  2. https://link.springer.com/article/10.1007/s00170-015-7751-5
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