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单词 benchmarking
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benchmarking


bench·mark

B0183500 (bĕnch′märk′)n.1. A standard by which something can be measured or judged: "Inflation ... is a great distorter of seemingly fixed economic ideas and benchmarks" (Benjamin M. Friedman).2. often bench mark A surveyor's mark made on a stationary object of previously determined position and elevation and used as a reference point, as in geologic surveys or tidal observations.tr.v. bench·marked, bench·mark·ing, bench·marks To measure (a rival's product) according to specified standards in order to compare it with and improve one's own product.
[From the use of the surveyor's mark as a place to insert an angle iron that serves as a bench, or level surface, for the support for a leveling rod.]

benchmarking

(ˈbɛntʃmɑːkɪŋ) n (Commerce) commerce comparison of practices within different companies, to decide what is most effficient
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benchmarking


benchmarking

(bench'mark-ing), Comparison of a person's laboratory results with that of other organizations using defined system processes.

benchmarking

A method of comparing a particular process and its outcomes in one organisation with another organisation, which facilitates improvements in those processes. Benchmarking is used to define standards of excellence, best practice and competencies based on various criteria.

bench·mark·ing

(bench'mahrk-ing) Use of the sustained superior performance of a department or an organization as a standard of comparison; a reference tool to rate quality of care.

benchmarking


Benchmark

A standard against which a security's performance is compared. A benchmark is usually an index of securities of the same or similar class. Stocks are usually compared against stocks; bonds against bonds, etc. Another type of benchmark considers securities according to industry: a telecommunications stock may be compared to other telecommunications stocks. Likewise, mid-cap securities may be benchmarked against other mid-cap securities. Some indices, such as the Dow Jones Industrial Average and the S&P 500, are considered to be benchmarks for the wider economy.

benchmarking

the practice whereby a firm studies the ‘best’ PRODUCTION and MARKETING processes used by immediate competitors and firms from other similar industries so as to identify possible ways for the firm to improve its own methods. Benchmarking usually involves a number of steps: selection of critical processes that may need improvement; in depth study of other firms who perform these processes particularly well; adaptations of the processes identified so as to facilitate their implementation by the firm.

benchmarking

the process of measuring aspects of a firm's performance and comparing this measured performance with that of other firms. Benchmarking can help a firm to discover where its performance is deficient and can suggest means of improving competitive performance.
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