Final answer:
Industry agreements that ensure computer components can communicate effectively with the systems they're installed in are called standards.
Step-by-step explanation:
Industry agreements that cover how computer components should communicate with the system into which they are installed are called standards. These standards are essential as they dictate the shapes and dimensions of physical components, ensuring compatibility and interoperability between different manufacturers' products.
They also include detailed schematic diagrams of electrical subsystems, inform about the assembly processes, and may even specify the computer code for any embedded systems. This harmony allows components sourced from external vendors to work seamlessly with those fabricated within the company, adhering to the materials and fabrication processes outlined by the standards.