__________ is the search for the best practices among competitors or noncompetitors that lead to their superior performance.
A) Factoring
B) Correlating
C) Situating
D) Benchmarking
E) Performance scanning

Question

Quizplus · Accepted Answer

Benchmarking is the process of identifying and analyzing the best practices from competitors or noncompetitors in order to improve an organization's own performance. This can involve looking at a variety of factors such as productivity, customer satisfaction, and cost efficiency, and can be used to drive continuous improvement within an organization.

__________ Is the Search for the Best Practices Among Competitors