Benchmarking means:
A) blind copying
B) copying from the best so as to become better
C) looking at yourself and telling others what to do
D) looking at yourself and telling yourself you are the greatest

Question

Quizplus · Accepted Answer

Benchmarking refers to the process of identifying the best practices and processes of top performing companies in a particular area and then implementing them in your own organization to improve performance. It involves a systematic and objective approach to analyzing and learning from others to enhance performance and competitiveness, rather than blind copying or self-promotion.

Benchmarking Means