Benchmarking is a method that enables companies to set different KPIs to those of their competitors a method that enables companies to copy their competitors a method that enables companies to compare with their competitors a method that enables companies to monitor their performance relative to the best-in-class
Added by Matthew M.
Step 1
Benchmarking is a process used by organizations to evaluate their performance against industry standards or best practices. Show more…
Show all steps
Your feedback will help us improve your experience
Donna Densmore and 83 other AP CS educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
Benchmarking
Donna D.
What is the principal advantage of benchmarking? Provide an example.
Jennifer S.
Recommended Textbooks
Computer Science and Information Technology
Introduction to Programming Using Python
Computer Science - An Overview
Transcript
18,000,000+
Students on Numerade
Trusted by students at 8,000+ universities
Watch the video solution with this free unlock.
EMAIL
PASSWORD