The Dark Side of Benchmarking Laws – What You Need to Avoid
July 9, 2024 ⚊ 1 Min read ⚊ Views 33 ⚊ BUSINESSBenchmarking is a systematic process wherein businesses evaluate various aspects of their processes in relation to best practices, usually within their own sector. This can involve gauging performance metrics, production processes, quality control methods, and more, against established standards or competitors’ practices.
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