Comparing one's own company to the products,processes,or management practices of another for the purpose of improving quality is typical of
A) benchmarking.
B) comprehensive organizational analysis.
C) SWOT analysis.
D) stock market analysis.

Question

​Comparing one's own company to the products,processes,or management practices of another for the purpose of improving quality is typical of
A) ​benchmarking.
B) ​comprehensive organizational analysis.
C) ​SWOT analysis.
D) ​stock market analysis.

Quizplus · Accepted Answer

Benchmarking involves comparing one's own company to the products, processes, or management practices of another for the purpose of identifying best practices and making improvements. This is a common practice for improving quality in business. The other options do not describe this process.

​Comparing One's Own Company to the Products,processes,or Management Practices of Another

Comparing One's Own Company to the Products,processes,or Management Practices of Another