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Benchmarking - Wikipedia Also referred to as "best practice benchmarking" or "process benchmarking", this process is used in management in which organizations evaluate various aspects of their processes in relation to best-practice companies' processes, usually within a peer group defined for the purposes of comparison
BENCHMARKING中文 (简体)翻译：剑桥词典 The company now applies benchmarking across its entire operation as part of a total quality management process Until benchmarking was introduced, it was much easier to attract people out of the public sector because the money was significantly different at senior executive level
Benchmarking: Meaning, Steps and Types - GeeksforGeeks Competitive Benchmarking: Competitive benchmarking entails comparing an organisation's performance and practices against direct competitors in the industry The purpose is to identify areas where the organisation may be falling behind and to learn from the best practices of competitors
Benchmarking Approaches and Best Practices - SM Insight This technique is commonly known as Benchmarking Benchmarking is a form of variance analysis and is the practice of comparing the performance of products, processes, and financials to that of other competitive or industry performances to understand the improvement potential or relative performance [1]