What are the challenges and benefits of adopting industry standards for small and medium-sized enterprises (SMEs), and how can they ensure compliance while balancing cost and operational efficiency?
How do industry standards influence product development and innovation within a specific sector?
What role do international organizations, such as the International Organization for Standardization (ISO), play in the creation and maintenance of industry standards?
How can adherence to industry standards impact a company's market competitiveness and customer trust?