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Benchmarking and investigation of factors on computer memory energy use letter a thesis in field engineering by hanyan shen 2014 hanyan shen submitted stylish partial fulfillment of the requirements for the degree of master of scientific discipline august 2014.
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Benchmarking is a complex process that many an large companies use of goods and services to perfect their best practices and to outpace the competition.
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Where does the word benchmark really come from?
(APQC, 1993), (Andersen, et al., 1996) The original meaning of the word is: A predefined position, used as a reference point for taking measures against. There are several different theories about where the word benchmark really comes from.
Which is the best definition of internal benchmarking?
Internal benchmarking is comparison between departmental, units, subsidiaries, or countries within the same company organisation. Competitive benchmarking is direct comparison of own performance /results against the best real competitors. i.e., those manufacture the same product or deliver the same service.
What is the purpose of benchmarking in business?
Process benchmarking is comparison of methods and practice for performing business processes, for the purpose of learning from the best to improve one”s own processes.
How is benchmarking is used in higher education?
Benchmarking has proved to be an effective method for identifying the best practices and improving the quality and processes in an organization. The technique has been used widely in business and industry for couple of decades, and within a decade the concept has been broadly embraced and applied in higher education.
Last Update: Oct 2021
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