ISO is the International Organization for Standardization. According to Inc. magazine, ISO standards apply to everything from screws to freight containers, ensuring that machinery made in one country can work with machinery from another country.
Manufacturing
According to iso.org, ISO standards for screw threads make it easier to repair and maintain everything from chairs to airplanes.
Terminology
ISO standards "establishing an international consensus on terminology" have made it easier to make technological advances, according to iso.og.
Businesses
Because so many businesses around the world have adopted ISO standards, companies can develop products that can compete in many more markets, according to iso.org.
Consumers
ISO standards make consumer products more compatible. According to iso.org, standards give consumer more product choices and help to increase competition.
International Trade
According to iso.org, standards governing the dimensions of freight containers have made international trade faster and cheaper.
