All forms of benchmarking are best applied in situations where long-term continuous improvement is desired.

Question

Quizplus · Accepted Answer

Benchmarking is a process of comparing an organization's performance against industry standards or best practices to identify areas for improvement. As such, it is best applied in situations where continuous improvement is desired over the long term, as opposed to short-term fixes or one-time changes. By regularly benchmarking performance and implementing changes based on the findings, organizations can achieve ongoing improvements in efficiency, productivity, quality, and other key areas.

All Forms of Benchmarking Are Best Applied in Situations Where