Home > Term: standardization
standardization
1. Conformity to a common set of specifications, so that all units of a product, from a given producer or from multiple producers, are compatible and can serve the same purpose. 2. Conformity to an exacting set of specifications with regard to quality, such as the ISO9000 standards established maintained by the International Organization for Standardization.
- Part of Speech: noun
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
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Creator
- Noroc
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