Examlex
Which of the following was the largest minority group in the United States in the year 2014?
Competitive Benchmarking
A process where a company measures its performance or processes against those of its competitors to identify improvements or strategies.
Industry Benchmarking
A process of measuring a company's performance, operations, or processes against the best practices from other companies within the same industry.
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.
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