Benchmarking against noncompetitors is extremely important in
A)process benchmarking.
B)results benchmarking.
C)reverse engineering.
D)all of the above.

Question

Quizplus · Accepted Answer

Noncompetitor benchmarking is a type of process benchmarking where companies compare their processes with those of companies outside their industry to identify best practices and improve their own processes. Results benchmarking, on the other hand, involves comparing an organization's performance against metrics of other companies within the same industry. Reverse engineering is a process of breaking down a product or system to understand its components and how it works. Therefore, the best choice is A, as it accurately describes the concept of benchmarking against noncompetitors.

Benchmarking Against Noncompetitors Is Extremely Important in