You have been assigned to a team responsible for improving certain processes in your company.The team is considering participating in a benchmarking study as a way to improve the company's performance.
Required:
Define benchmarking and best practice.Also discuss how your company might benefit from benchmarking with an organization outside its industry.

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The Answer of You have been assigned to a team responsible for improving certain processes in your company.The team is considering participating in a benchmarking study as a way to improve the company's performance.
Required:
Define benchmarking and best practice.Also discuss how your company might benefit from benchmarking with an organization outside its industry.

You Have Been Assigned to a Team Responsible for Improving