With this in mind we take a look at some
rather well known “Standards” …
Standard Oil-John D. Rockefeller's Standard Oil Trust is one of the most famous industrial organizations ever. The Trust controlled a lion's share of the production, transport, refining, and marketing of petroleum products in the United States and many other countries. Originally, this was an attempt to make money on the home lighting market which was converting from whale oil to kerosene. The emergence of the automobile and its thirst for the formerly near worthless refining by-product called gasoline brought dizzying wealth to this industrial group.
Standard Aptitude Test (SAT) - over 2 million teens take this test every year. Since the SAT was first introduced in 1926, it has evolved to remain aligned with classroom practices. Institutions requiring the new SAT include public and private colleges, large and small institutions, and technical and liberal arts schools. Still, it is important to note that the College Board believes the SAT is only one of many criteria that colleges should use in making admissions decisions.
Standard Deduction - Most taxpayers have a choice of either taking a standard deduction or itemizing their deductions. The standard deduction is a dollar amount that reduces the amount of income on which you are taxed. It is a benefit that eliminates the need for many taxpayers to itemize actual deductions, such as medical expenses, charitable contributions, and taxes, on Schedule A of Form 1040. The standard deduction is higher for taxpayers who are 65 or older or blind. If you have a choice, you can use the method that gives you the lower tax.
Standard Language-A standard language (also standard dialect or standardized dialect) is a particular variety of a language that has been given either legal or quasi-legal status. It is said to be the most "correct" language of a nation. Usually, but not always, based on the tongue of a capital city, a standard language is defined by the selection of certain regional and class markers, and the rejection of others. Some of the features that identify a standard language include:
• A recognized dictionary or group of dictionaries which embody a standardized spelling and vocabulary;
• A recognized grammar which records the forms, rules and structures of the language, and which commends some forms and castigates others;
• A standard system of pronunciation, which is considered "educated" or "proper" speech by the speakers, and which is considered free from regional marking;
• The use of the language in public life, such as in the work of courts and legislatures;
• The teaching of the language's standards of grammar and spelling in schools;
The creation of a standard language represents the triumph of a certain variety of linguistic prescription; its selection means that the speech of areas with features that vary from the standard so upheld are devalued or "deprecated."
Standard of living - The financial health of a population, as measured by the quantity of consumption by the members of that population. The measure most frequently used to estimate standard of living is gross national income per capita. One drawback to the standard of living measurement is that it does not take into account some factors which are important but hard to quantify, such as crime rate or environmental impact.
National Institute of Standards and Technology (NIST) - More efficient transactions in the domestic and global marketplace depend increasingly on our ability to promote the effective development and use of standards—and “standards” is NIST’s middle name. For example, U.S. access to global markets frequently is affected by standards being set by other countries and international organizations. The application of these seemingly arcane standards and related testing requirements may make or break entire industries—and determine the fate of many American workers. NIST is helping U.S. companies, workers, and consumers to get a fair deal by working to ensure that standards are used to create a level playing field—and not a barrier to trade—in the global marketplace. All U.S. companies are in an intense global competition. By offering organizations guidelines for achieving new levels of excellence in performance, NIST plays a vital role in a national movement that inspires customer service, management leadership, and employee involvement and satisfaction. This helps companies, schools, hospitals, and other organizations to meet demands for superior quality products and services. The documented result: more competitive organizations and more—and better—jobs for Americans. NIST's mission is to promote U.S. innovation and industrial competitiveness by advancing measurement science, standards, and technology in ways that enhance economic security and improve our quality of life.
“Working to ensure that standards are used to create a level playing field”
NARO%
