Standards Authorities are organizations responsible for developing, maintaining, and promoting standards in various industries. These standards ensure quality, safety, and efficiency in products and services, helping to facilitate trade and protect consumers. Examples of such authorities include the International Organization for Standardization (ISO) and the American National Standards Institute (ANSI). These organizations often collaborate with industry experts, government agencies, and other stakeholders to create guidelines that reflect best practices. By establishing clear benchmarks, Standards Authorities help businesses comply with regulations and improve their operations, ultimately benefiting both producers and consumers in the marketplace.