A benchmark is a measurement of the gap between the quality of a company's process and the quality of a parallel process
A)within the same company.
B)in an idealistic situation.
C)in a best-in-class company.
D)in a worst-in-class company.

Question

Quizplus · Accepted Answer

Benchmarking involves comparing a company's processes or performance metrics to industry bests or best practices from other companies. This helps in identifying areas of improvement and adopting strategies to enhance performance.

A Benchmark Is a Measurement of the Gap Between the Quality