One problem with benchmarking is that there are many organizations that are identical.

Question

Quizplus · Accepted Answer

Benchmarking is a process of comparing an organization's performance with that of other similar organizations in order to identify areas for improvement. However, no two organizations are identical, as there are various factors that influence their operations and outcomes. Therefore, benchmarking involves selecting the most relevant and comparable organizations to ensure meaningful and useful comparisons.

One Problem with Benchmarking Is That There Are Many Organizations