Benchmarking

Company Y who operates in the manufacturing industry has chosen to compare a specific performance parameter to company X which operates in the Health Services Industry and is known to have outstanding performance in the parameter of interest. This is an example of:

Question $5$Answer

a$.$

Industry$/$sector benchmarking

b$.$

Best$-$in$-$class benchmarking

c$.$

Competitor Benchmarking

d$.$

Industrial Espionage