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benchmarking
by 趙永祥 2016-05-05 06:13:15, Reply(0), Views(205)


BusinessDictionary.com
TERM OF THE DAYMAY 4, 2016
benchmarking
f   t


measurement of the quality of an organization's policies, products, programs, strategies, etc., and their comparison with standard measurements, or similar measurements of its peers.

The objectives of benchmarking are (1) to determine what and where improvements are called for, (2) toanalyze how other organizations achieve their high performance levels, and (3) to use this information to

... Read more

USAGE EXAMPLE
Benchmarking is a competitive method used to evaluate the success of a company's products or services in relation to its competitors.
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