Benchmarking

| | Table of Contents 1.Introduction3 2. emphasize of Benchmarking3 2.1 Definition of Benchmarking3 2.2 Type of Benchmarking3 3.The rehearse of benchmarking4 4.Advantage of benchmarking5 5.Disadvantage of benchmarking5 6.The usage of benchmarking5 7.Discussion6 8.Conclusion7 9.Bibliography8 Introduction oer the years, there have been tremendous developments in benchmarking techniques, in wrong of both benchmarking practices and regularity, which is widely practice sessiond in different government activity to achieve different goals in the developing countries. In this subsidisation I bequeath hash out the definition of benchmarking and then the use of benchmarking. After that I will discuss the advantage and the detrim ent of benchmarking according the researches and the case studies of benchmarking. Then, I will discuss and hit the books the practice of benchmarking to explain why managers find that benchmarking did not roll in the hay up to their expectation. Finally, the conclusion will have summary of the subsidization question.

Background of Benchmarking 2.1 Definition of Benchmarking Benchmarking, as the definition of the CEO of chase out-of-door -D.T. Kearns- is the continuous serve up of measuring the products, the services, and practices against the go around competitors or the loss leade r in their industry (Kolarik, 1995). ! Freytag and Hollensen (2001) states that benchmarking involves measurement of trade performance against the outstrip and makes continuous effort in reviewing process practice and method. Fernandez et al. (2001) also states that benchmarking was a process that facilitates schooling and understanding of the brass section and its operations. It enabled organizations to identify the key processes that expect improvement, and to search for applicable solutions from the best in...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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