We give little thought to goods and services we use in our every day life. These products meet specific standards when you purchase items, such as printer ink cartridges, printing paper, printers, etc.
According to the International Organization for Standardization (ISO), a standard is defined as:
A document established by consensus and approved by a recognized body that provides, for common and repeated use, rules, guidelines, or characteristics for activities or their results, aimed at the achievement of the optimum degree of order in a given context.