The ability to identify and transfer best practices within the organization is sometimes called _____ benchmarking.
A)internal
B)functional
C)process
D)generic

Question

Quizplus · Accepted Answer

Internal benchmarking is the process of identifying and transferring best practices within the same organization. It involves comparing different departments, teams, or individuals within the organization that perform similar tasks and identifying the ones that are most effective. This enables organizations to learn from their own experiences and improve their performance by adopting best practices internally. Functional benchmarking focuses on specific functions such as HR or finance, process benchmarking involves comparing processes across industries, and generic benchmarking looks at best practices outside the organization's industry.

The Ability to Identify and Transfer Best Practices Within the Organization