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  1. #1

  2. #2
    Senior Member dennis123's Avatar
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    Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost.

  3. #3
    Senior Member
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    Benchmarking, is a tool of strategic management, that allows the organisation to set goals and measure productivity, on the basis of the best industry practices

  4. #4
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    Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost.

  5. #5
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    Dec 2018
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    Benchmarking is a process of measuring the performance of a company's products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement.

  6. #6
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    Quote Originally Posted by tony_S View Post
    What is benchmarking?
    Benchmarking is the process of comparing a company's performance to the performance of other companies in terms of product quality

  7. #7
    Senior Member
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    Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost.

  8. #8
    Senior Member
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    Sep 2019
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    Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost.

  9. #9
    Registered User
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    Apr 2019
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    Bhilai, Chhattisgarh
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    Benchmarking is a process of measuring the performance of a company's products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement.

  10. #10
    Senior Member
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    Nov 2018
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    Benchmarking is the process of comparing one's business processes and performance metrics to industry bests or best practices from other companies.

  11. #11

  12. #12
    Registered User
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    Nov 2019
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    Benchmarking is a process of measuring the performance of a company's products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement.

  13. #13
    Senior Member
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    Nov 2018
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    Benchmarking is a way of discovering what is the best performance being achieved – whether in a particular company, by a competitor or by an entirely different industry. This information can then be used to identify gaps in an organization's processes in order to achieve a competitive advantage.

  14. #14
    Registered User
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    Feb 2020
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    Benchmarking is the act of contrasting business procedures and execution measurements with industry bests and best practices from different organizations.

  15. #15
    Registered User
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    Sep 2019
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    Quote Originally Posted by Mithzi Rai View Post
    Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost.
    Quote Originally Posted by Paro View Post
    Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost.
    Oh! It seems like you guys copied from the same source

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