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A "limited" selection of hardware and software from a select few manufacturers will be used by the organization as a result of standardization. Cost reduction, effective (and less expensive) user support, and efficient (and less expensive) training are all potential advantages.
The process of establishing and creating technical standards based on the agreement of several parties, including businesses, users, interest groups, standards bodies, and governments, is known as standardization or standardisation. Standardization can increase reliability, safety, repeatability, or quality to the fullest. It may also make it easier for formerly irregular processes to become regular. The concept of standardization is close to the answer for a coordination problem in social sciences, including economics, where all parties can reap mutual gains but only by making mutually consistent decisions. To establish a level of consistency or uniformity to specific activities or operations within the chosen environment is the purpose of standardization. The generally accepted accounting principles (GAAP), which must be followed by all businesses listed on U.S. stock markets, are an illustration of standardization.
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