Homonym: standards (Criteria)
Standards are established guidelines or criteria that help ensure consistency and quality in various fields. They can apply to products, services, processes, or systems, providing a framework for measuring performance and safety. For example, the International Organization for Standardization (ISO) develops standards that organizations can follow to improve efficiency and customer satisfaction.
In many industries, standards are crucial for compliance with regulations and for fostering trust among consumers. They help businesses meet legal requirements and can enhance competitiveness. By adhering to standards, companies can demonstrate their commitment to quality and reliability, which can lead to increased customer confidence and loyalty.