Standards and regulations are established guidelines and rules that ensure products, services, and processes meet specific quality and safety requirements. They are created by organizations such as the International Organization for Standardization (ISO) and government bodies to protect consumers and promote fair practices in various industries. These standards help businesses maintain consistency and reliability, making it easier for consumers to trust the products they purchase. Regulations, often enforced by agencies like the Food and Drug Administration (FDA) or the Environmental Protection Agency (EPA), ensure compliance with laws designed to safeguard public health and the environment.