Which standard is developed by multiple industry participants to establish common measurement practices?

The correct choice is a consensus standard because it is created through the collaboration of various stakeholders within an industry, such as manufacturers, industry associations, and regulatory bodies. This collective effort aims to establish common measurement practices and specifications that can be widely accepted and used across the industry. Consensus standards help ensure consistency, safety, and reliability in measurements, which are vital for quality assurance and compliance.

A consensus standard derives its credibility from being developed by multiple entities, making it more comprehensive and reflective of diverse viewpoints and needs. This process often involves public reviews and revisions, ensuring that the final standard meets the broad requirements of the industry and is not biased towards a single organization’s interests.

In contrast, a legal standard would typically refer to regulations set by governmental or legal entities, a technical standard might be more narrowly focused on specific technologies or methodologies, and an internal standard is usually used within a specific organization to guide proprietary processes, rather than being broadly accepted in an industry context.