Benchmarking

Benchmarking

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

Benchmarking involves comparing a business's performance metrics to industry best practices to identify gaps and improve efficiency or effectiveness. It is categorized into internal, competitive, and strategic benchmarking. Internal benchmarking uses self-set standards, competitive benchmarking compares against competitors, and strategic benchmarking aims for the highest industry standards. The goal is to enhance company performance and gain a competitive edge.

Read more

1 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

Evaluate responses using AI:

OFF

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?