Benchmarking is the continuous process of comparing an organization's goods, services, and practices against direct competitors.

Name: Benchmarking is the continuous process of comparing an organization's goods, services, and practices against direct competitors.
Brand: Quizplus
Rating: 4.8 (29 reviews)

Question

Quizplus · Accepted Answer

Benchmarking can involve comparing against any organization, not just direct competitors, and can include best practices in various areas or industries, not just goods and services.

Benchmarking Is the Continuous Process of Comparing an Organization's Goods