Asked by Angelique Cobilla on Jun 09, 2024
Verified
The practice of examining best practices used in successful organizations is sometimes called ________.
A) exploitation
B) systems dynamics
C) benchmarking
D) diffusion of knowledge
Diffusion of Knowledge
The process by which information, ideas, or innovations spread within a group or from one group to another.
Benchmarking
The process of comparing one's business processes and performance metrics to industry bests or best practices from other industries.
Best Practices
Proven or widely recognized methods or techniques that have been shown to yield superior results and are used as benchmarks.
- Comprehend the principle and utilization of benchmarking within the context of organizational development and enhancement.
Verified Answer
Learning Objectives
- Comprehend the principle and utilization of benchmarking within the context of organizational development and enhancement.
Related questions
Benchmarking Is the Process of Comparing the Organization's Processes and ...
___ Is a Planning Technique That Makes Use of External ...
___ Refer to Things Done by People and Organizations That ...
Benchmarking Enhances Organizational Performance by Establishing Standards Against Which Processes,products,and ...
Describe How Benchmarking Can Be Used to Improve Business Functions ...