The Purpose of Benchmarking Is to Establish a Standard Against

question 76

True/False

The purpose of benchmarking is to establish a standard against which the organization's performance can be judged and to identify a model for possible improvement.

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Definitions:

Company Policies

Guidelines and rules set by organizations to dictate expected behavior and processes within the company.

Distributive Justice

The degree to which people think outcomes are fair.

Degree Perceive

The extent to which an individual is aware of or understands a certain situation or phenomenon.

Organizational Justice

The extent to which employees perceive workplace procedures, interactions, and outcomes to be fair in nature.