Benchmarking means identifying the best-in-class performance by a company in a given area and then comparing your processes with theirs.

Name: Benchmarking means identifying the best-in-class performance by a company in a given area and then comparing your processes with theirs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Benchmarking is the process of identifying the best practices and performance of a particular company in a certain area or industry and then comparing one's own processes and performance with them.

Benchmarking Means Identifying the Best-In-Class Performance by a Company in a Given