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Competitive Benchmarking
A process of comparing a company's products, services, or processes against those of its competitors to identify areas for improvement.
Internal Benchmarking
The process of comparing business processes and performance metrics to the best practices from within the same organization.
Process Benchmarking
The process of assessing business methods and performance statistics by benchmarking them against the best practices in the industry or those adopted by other companies.
Industry Benchmarking
The process of comparing a company's performance metrics with those of the leaders in its industry to identify areas for improvement.
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