Business Studies, asked by deepdemta6864, 1 year ago

What is competitive benchmarking? Explain formulation of quality goals in detail.

Answers

Answered by shivanshusingh97
0

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.

Similar questions