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Q: What is external benchmarking?
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Related questions

Describe types of benchmarking commonly used in organisations?

historic, internal and external benchmarking


Breaking one goal into several smaller goals is known as?

benchmarking


What is the difference between benchmark and benchmarking?

A benchmark is the result of benchmarking.


What is the difference between benchmarking and benchmark?

benchmarking is aprocess of acquring benchmark


When was Global Benchmarking Network created?

Global Benchmarking Network was created in 1994.


Explain the meaning of the term benchmarking in fire and safety?

Benchmarking is the process of comparing your procedures with those of other organizations that are considered to be leaders (or benchmarks) in those particular areas. Benchmarking has this meaning through the business world, not just in fire and safety. The purpose of benchmarking is to improve the way your organization does things.


How might the benchmarking and quality circles inprove quality?

for eg: for a product required by a customer, the benchmarking will be done by the customer. it means the product is of good quality which the customer was expecting. Benchmarking means the product has relative performance which is expected.


What is planning through benchmarking?

utilizes external comparisons to identify desirable action directions. The purpose is to find out what other people and organizations are doing very well and plan how to incorporate those ideas into one's own operations.


Which statements correctly describe benchmarking?

hhh


What takes a place when developing alternatives?

Benchmarking


When to use benchmarking?

Organizations and companies use benchmarking to determine where inputs, processes, outputs, systems, and functions are significantly different from those of competitors or others.


Who is the backbone of benchmarking?

anil kumar saxena ( tau)