benchmarking
A benchmark is the result of benchmarking.
benchmarking is aprocess of acquring benchmark
Global Benchmarking Network was created in 1994.
Break progress toward a large goal down into smaller stages.
Break progress toward a large goal down into smaller stages.
historic, internal and external benchmarking
Break progress toward a large goal down into smaller stages.
Benchmarking is the process of comparing your procedures with those of other organizations that are considered to be leaders (or benchmarks) in those particular areas. Benchmarking has this meaning through the business world, not just in fire and safety. The purpose of benchmarking is to improve the way your organization does things.
for eg: for a product required by a customer, the benchmarking will be done by the customer. it means the product is of good quality which the customer was expecting. Benchmarking means the product has relative performance which is expected.
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Probably not, but if you were to use a benchmarking tool, there would be a difference.