Question

When is the benchmarking most effective?

Answer 1

Explanation:

Competitive benchmarking is used when a company wants to evaluate its position within its industry. In addition, competitive benchmarking is used when a company needs to identify industry leadership performance targets. Strategic benchmarking is used when identifying and analyzing world-class performance.

Answer 2

Hey mate...

Here is ur answer...☺

The objective of benchmarking is to understand and evaluate the current position of a business or organisation in relation to best practice and to identify areas and means of performance improvement.

Hope this helps uh...

#sharanaya❤

plz mark my answer...