Benchmarking may be used in many ways.For example,it is helpful to comparing your own personal ability,say in lifting weights,with a friend's ability.You can chart your progress and compare it with your colleague's progress.You can compare your department's performance,with Best Practices in other firms and/or other departments in your own firm.

Question

Quizplus · Accepted Answer

Benchmarking can be used to compare personal abilities, departmental performance, and best practices among firms and departments.

Benchmarking May Be Used in Many Ways