One useful method of process improvement involves consideration of how another organization performs a process with an eye toward determining how to improve your own performance.This method is known as:
A) comparative improvement.
B) benchmarking.
C) variance analysis.
D) sensitivity analysis

Question

Quizplus · Accepted Answer

Benchmarking involves selecting a process or method of another organization that is considered best in class and comparing it to your own organization's process in order to identify areas for improvement. This helps to identify best practices and learn from what other organizations are doing well. Therefore, benchmarking is the most suitable method in this scenario. Option A, C, and D do not accurately describe this approach.

One Useful Method of Process Improvement Involves Consideration of How