Final answer:
Standards in business refer to guidelines or criteria that promote consistency, quality, and safety in products, services, or processes. Option B best describes standards as it focuses on outlining the high-level goals of an industry.
Step-by-step explanation:
Standards in the business context refer to guidelines or criteria that are established to ensure consistency, quality, and safety in products, services, or processes within an industry. They can also help streamline operations, improve efficiency, and promote fair competition.
In the given options, option B best describes standards. High-level goals are outlined by standards to provide a framework for businesses to strive towards. These goals are typically broad and may include objectives such as customer satisfaction, quality improvement, and environmental sustainability.