Business Studies, asked by seosolvezone, 1 year ago

Evaluation of the individual companies performance against the whole industry is

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Answered by murtz
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Evaluation of a company against the industry is Benchmarking
Answered by Sidyandex
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The evaluation of the individual company's performance against the whole industry is called as - Bench-marking.

Bench-marking is a kind of business performance evaluation in which the performance of a company is compared against a practice standard that has been established by another organisation.

It is a continuous calibration process that includes testing and adjusting the business to a certain high standard of achievement.

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