BizSugar.com › Management › Benchmarking: Types, Process, Advantages & Disadvantages

Most of the companies maintain some sort of quality in their working environment. And these natures of work can be compared with the rest of the companies involved in the same field of work. To specify that comparison, these companies use some sort of benchmarking process. The benchmarking process helps to increase the competitive nature in different companies working in the same field of business. Benchmarking also provides a sense of awareness regarding the maintenance of quality in their field of work.