Definitions (2)
Popular Terms
1. General: Written definition, limit, or rule, approved and monitored for compliance by an authoritative agency or professional or recognized body as a minimum acceptable benchmark. Standards may be classified as (1) government or statutory agency standards and specifications enforced by law, (2) proprietary standards developed by a firm or organization and placed in public domain to encourage their widespread use, and (3) voluntary standards established by consultation and consensus and available for use by any person, organization, or industry. Once established, standards (like bureaucracies) are very difficult to change or dislodge.
For example, the world standard for broad gauge railway line is 4 feet and 8½ inches between the parallel tracks. This odd figure has its origin in the axle-width of Roman army chariots designed to accommodate the rear ends of two horses yoked side-by-side.
2. GATT definition: "Technical specifications contained in a document that lays characteristics of a product such as levels of quality, performance, safety, or dimensions. Standards may include or deal exclusively with terminology, symbols, testing and methods, packaging, or labeling requirements as they apply to a product." See also standard.

Use 'standards' in a Sentence

Keeping high standards for those in your office will make sure that everyone is always on their toes and ready to go.
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In order to fit into the group, I had to follow all of their standards that they had set, which made for a boring time.
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Ben had very high standards for himself since he had never lost a football game and felt everyone expected so much from him.
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Notable Quotable

Standards and Standardization Affecting Businesses
"Be sure to understand how standards and standardization might affect your business. Standards typically generate more value for users, by enhancing interoperability, reducing uncertainty for customers and vendors, reducing customer lock-in, reducing the likelihood of price wars, enabling the industry to grow faster, and shifting value from manufacturers to users. The exception is when one company controls the standards, in which case that company can capture more of the value, increase customer lock-in, and reduce innovation."
- Tom Murcko

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