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Industry Standards are a set of guidelines, protocols, and best practices that are used by companies in a particular industry. These standards are designed to ensure that products and services are of a consistent quality and meet the needs of customers. Companies that adhere to industry standards are able to maintain a competitive edge in the market.
Industry Standards are developed by industry associations, government agencies, and other organizations. They are often based on research and feedback from industry experts. Companies must adhere to these standards in order to remain competitive and compliant with regulations.
Examples of companies that adhere to industry standards include Apple, Microsoft, Amazon, and Google. These companies have established themselves as leaders in their respective industries by adhering to industry standards. They have also been able to maintain their competitive edge by consistently meeting customer expectations. Show Less Read more