What is the term for finding the best practices in other organizations which can be brought into the company to enhance performance?
A)worldwide quality standards
B)profit maximization
C)competitive assessment quality management
D)benchmarking

Question

Quizplus · Accepted Answer

Benchmarking is the practice of identifying and comparing the best practices of other organizations and using these insights to improve one's own performance. It is a widely-used technique in quality management and is often used to identify areas for improvement and establish performance benchmarks. A and B are not accurate terms for this practice, and C does not accurately describe the concept of benchmarking.

What Is the Term for Finding the Best Practices in Other