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Ethnocentric schools have been criticized for potentially perpetuating and even increasing racial stereotypes through racial segregation.
Process Benchmarking
The practice of comparing business processes and performance metrics to industry bests or best practices from other companies.
External Benchmarking
The process of comparing a company's performance or processes against those of other companies, typically industry leaders, outside the organization.
Industry Benchmarking
A process of comparing business processes and performance metrics to industry bests or best practices from other industries to improve performance.
Process Benchmarking
The method of evaluating business operations and performance indicators against the highest industry standards or the most effective practices of other organizations.
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