defines quality system standards, based on the premise that certain generic characteristics of management practices can be standardized and that a well-designed, well-implemented, and carefully managed quality system provides confidence that the outputs will meet customer expectations and requirements.

International Organization for Standardization (ISO).

Explanation:

ISO defines quality system standards, based on the premise that certain generic characteristics of management practices can be standardized and that a well-designed, well-implemented, and carefully managed quality system provides confidence that the outputs will meet customer expectations and requirements. ISO is an acronym for International Organization for Standardization, it was founded in October 1946 and it is made up of 164 members from 91 different countries across the world. ISO is a Non-governmental organization that has its headquarters in Geneva, Switzerland.

answer; no individual buyer or seller has any significant impact on the market price;

answer; private store;