Business Studies, asked by jagjotsingh2468, 1 year ago

what is benchmarking?

Answers

Answered by huzaifaa6881
11

Benchmarking is comparing ones business processes and performance metrics to industry bests and best practices from other companies. In project management benchmarking can also support the selection, planning and delivery of projects. Dimensions typically measured are quality, time and cost


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Answered by Anonymous
6
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Benchmarking is comparing ones business processes and performance metrics to industry bests and best practices from other companies. In project management benchmarking can also support the selection, planning and delivery of projects. Dimensions typically measured are quality, time and cost.
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