Posted in Marketing and Strategy Terms, Total Reads: 499
Definition: Competitive Benchmarking
Competitive Benchmarking is a continuous process of comparing & benchmarking your own firm with the most successful firm or competitor in the same field/domain on certain parameters. If we talk with respect to operations, we need to look at response times, attention to detail and helpfulness.
Browse definitions and meaning of more concepts and terms similar to Competitive Benchmarking. The Management Dictionary covers definitions and overview of over 7000 business concepts from 6 categories.