The practice of comparing one's organizational performance to those that are recognized leaders in the field is known as:

Question

Quizplus · Accepted Answer

Benchmarking is the process of comparing one's business processes and performance metrics to industry bests or best practices from other companies. This involves looking at how recognized leaders perform specific tasks or processes and then measuring your own processes against those standards to identify areas for improvement.

The Practice of Comparing One's Organizational Performance to Those That