Use standard in a sentence
The US Dollar is the standard currency accepted in the United States and it's affiliated territories such as Puerto Rico.
While doing home inspections for the county, I had to operate at the standard set forth by the state level of inspectors.
To determine the accuracy of the results of the experiment, Bob compared his data to the accepted standard as determined by the scientific community.
How Stardards Affect Markets"Standardization affects markets in a variety of ways: 1. They generate more value for users. 2. They increase interoperability of products. 3. They enable the overall market to grow faster. 4. They reduce uncertainty for customers and vendors. 5. They reduce customer lock-in. 6. They reduce first-mover advantages. 7. They reduce innovation."
How to Win a Standards Battle"The keys to winning a standardization battle are the ownership of assets; specifically, the installed base, the intellectual property rights, superior ability to innovate, first-mover advantages, superior manufacturing capability, and brand name and reputation."