Which of the following is an example of benchmarking?
A) An online retailer of computer accessories comparing the way it organises its warehouse with an online retailer of books.
B) A dishwasher manufacturer comparing the energy efficiency of its own products against competitors.
C) A hotel chain comparing room cleaning times in all its hotels.
D) All of the above.

Question

Quizplus · Accepted Answer

Benchmarking is the process of comparing one's business processes and performance metrics to industry bests or best practices from other companies. All the given options are examples of benchmarking, as they involve comparing a company's practices or products against those of its competitors or industry standards.

Which of the Following Is an Example of Benchmarking