Benefits
of Standards
Why are
Standards Important
1. Standards set the recognized level of quality, and provides
a yardstick against which products and practices could be
evaluated.
2. In industry, standards streamline production, increase
productivity and enhance efficiency.
3. Standards ultimately reduce costs for consumers
4. Standards ensure that products or services perform the
functions they are manufactured or provided for.
5. Standards facilitate interchangeability of products and
services designed for the same purpose.
Advantages
of Standards
Standards serve
as a guide for the production and provision of goods and
services and provide the basis for trade transactions.
A number of advantages accrue from the implementation of
standards. These are:
- reducing
costs
- increasing
productivity
- reducing
unnecessary variety
- ensuring
interchangeability
- minimizing
waste
- ensuring
safety
- quality assurance
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