From the Options Below, Which One BEST Defines the Purpose

question 7

Multiple Choice

From the options below, which one BEST defines the purpose of benchmarking?

• A) forces companies to reduce labour costs
• B) helps spot defective products
• C) helps a firm determine performance standards and best practices
• D) only works for companies within the same industry

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Definitions:

Evidence-Based Practice

A healthcare approach integrating the best current scientific evidence with clinical expertise and patient values in the decision-making process for patient care.

Evidence-Based Practice

A decision-making process that integrates the best available research evidence with clinical expertise and patient values.

Gold Standard

The best available benchmark or highest level of quality against which other things of a similar nature are compared.

Patient Population

A specific group of patients defined by common characteristics, such as age, condition, or disease, being studied or treated.