Monday, May 17, 2010

Benchmarking

Benchmarking is the process of determining the best standard for a given process, service, or product, and using that standard to measure the effectiveness of your processes, services or products. Benchmarking allows organizations to measure the effectiveness of improvement plans. Benchmarking is a moderately expensive process, but most organizations find it very cost-effective.
More Business and Management

No comments:

Post a Comment