shabila101
shabila101 shabila101
  • 20-01-2021
  • Business
contestada

Definition: The best practices among all competitors

O Benchmark
O Median
O Tradition
O Slope

Respuesta :

Samawati
Samawati Samawati
  • 23-01-2021

Answer:

O Benchmark

Explanation:

Bench-marking is the practice of comparing a firm's performance against the best in the industry. Through bench-marking, comparison of processes, products, and quality against the set standards or the industry best.

A benchmark is an acceptable standard by which others may be measured or judged against.  It is the ideal quality or performance that others should strive to attain.

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