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Benchmarking May Be Used in Many Ways

question 56

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Benchmarking may be used in many ways.For example,it is helpful to comparing your own personal ability,say in lifting weights,with a friend's ability.You can chart your progress and compare it with your colleague's progress.You can compare your department's performance,with Best Practices in other firms and/or other departments in your own firm.


Definitions:

Overview

A broad and comprehensive summary of a topic, situation, or area of interest.

Important Points

The key or central ideas and arguments that are crucial to understanding a topic or issue.

Table Of Contents

An organized list of the chapters, sections, or topics in a document or book, typically found at its beginning.

Location

Refers to a specific place or position where something exists or where an event occurs.

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