_____ is the process of identifying outstanding practices, processes, and standards in other companies and adapting them to your company.
A) Branding
B) Regulating
C) Profiling
D) Benchmarking

Question

Quizplus · Accepted Answer

Benchmarking is the process of identifying best practices in other companies and adapting them to your own company to improve performance. It involves analyzing processes, systems, and procedures that have proven successful in other organizations and comparing them to your own to identify areas for improvement. By adopting these best practices, companies can improve productivity, quality, and efficiency, and gain a competitive advantage in the marketplace.

_____ Is the Process of Identifying Outstanding Practices, Processes, and Standards