Business Studies, asked by hadnan447, 9 months ago

BENCHMARKING IS ACTUALLY COMPARISON OF ORGANIZATION PERFORMANCE WITH COMPETITORS.

Select one:
True
False​

Answers

Answered by singhpunam1985
1

Answer:

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.

Explanation:

false

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