Question

what is meant by benchmark.expainl in in 5 to 6 sentence with example.​

Answer 1

Answer:

For example, benchmarks could be used to compare processes in one retail store with those in another store in the same chain. External benchmarking, sometimes described as competitive benchmarking, compares business performance against other companies.

Explanation:

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Answer 2

Explanation:

definition

:a point of reference from which measurements may be made

For example,

benchmarks could be used to compare processes in one retail store with those in another store in the same chain. External benchmarking, sometimes described as competitive benchmarking, compares business performance against other companies.

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