1. Global strategies
  2. Creating industrial standards

Creating industrial standards

  • Harmonizing procedures for industrial processes
  • Requiring standardization systems for production

Description

Creating industrial standards involves developing and implementing agreed-upon technical specifications, guidelines, or criteria to ensure the quality, safety, compatibility, and efficiency of products and processes. This strategy addresses issues of inconsistency, interoperability, and safety risks by providing clear benchmarks for industry participants. Standardization facilitates trade, reduces production costs, enhances consumer confidence, and streamlines regulatory compliance, thereby remedying fragmentation and inefficiencies within and across industrial sectors.This information has been generated by artificial intelligence.

Claim

Standard setting is a political activity -- one of choice and not the market mechanism. It concerns all of society, so to delegate this role to just one sector of society -- industry -- with its own vested interests, does nto serve society as a whole.

Broader

Narrower

Facilitates

Facilitated by

Problem

Value

Unproductivity
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Underproduction
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Overproduction
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SDG

Sustainable Development Goal #4: Quality EducationSustainable Development Goal #12: Responsible Consumption and Production

Metadata

Database
Global strategies
Type
(D) Detailed strategies
Subject
Content quality
Yet to rate
 Yet to rate
Language
English
1A4N
W8790
DOCID
13387900
D7NID
198132
Editing link
Official link
Last update
Dec 3, 2024