Benchmarking Is the Practice of Using Data from Other Organizations

question 93

True/False

Benchmarking is the practice of using data from other organizations to identify the processes and practices associated with world-class performance.

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Definitions:

Information Processing

The method by which humans or computers take in information, make sense of it, and then respond to it.

Connectionist

relates to a psychological theory which suggests that mental phenomena and processes can be described by artificial neural networks or interconnected systems of simple units.

Traditional Information Processing

Traditional Information Processing views the human mind as a system that processes information through a series of steps, similar to how a computer operates.

Serial Processing

A cognitive process where the brain analyses information in a linear, step-by-step manner, allowing for detailed and accurate analysis of each item in sequence.