Concept information
Preferred term
global benchmarking
Definition
- Global benchmarking is the process of identifying best practices in organizations anywhere in the world to seek information that can help an organization to measure and compare its performance against those best practices in order to improve its operations. A benchmark is a reference point for taking measures against. [Source: Encyclopedia of Business in Today's World; Global Benchmarking]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/global_benchmarking
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