Business Benchmarking

Related BrainMass Solutions

• Benchmarking and Ratio Analysis

  According to Prasnikar et al. (2005), "Benchmarking is a process of creating business knowledge by comparing and analyzing business information about other companies with the goal of improving the quality of decision making".

• Competitive and Cooperative Benchmarking: A Comparison

  Benchmarking: Understanding the Basics. Accessed on 9/14/2011 from http://www.coastal.edu/business/cbj/pdfs/benchmark.pdf. This solution compares competitive and cooperative benchmarking.

• How benchmarking can be improved for public sector efficiency

  financial and business improvement efforts.

• Importance of Benchmarking

  160273 Discussing the Importance of Benchmarking Explain why benchmarking is an important activity in the analysis of e-Business Web sites.

• Benchmarking techniques

  This benchmarking technique can help improve budgeting accuracy. The second benchmarking technique is when the performance of the unit or business is compared with that of a competitor.

• Benchmarking and Examples of Controls(Behavior,Input,Output)

  The result of benchmarking is a business recommendation for making changes in order to make improvements in its performance.

• Benchmarking and Strategic Planning

  Describe a company that would be considered a "leader" in the business process that you have selected. How can your chosen organization learn from the leader in this business process and improve its own performance on the process that you selected?

• Financial and Managerial Accounting: Basis for Business Decision

  Activity-based management would be useful for benchmarking because it coincides with benchmarking in regard to seeking out areas within the organization wherein business operations and processes can be improved with more efficiency and productivity.

• What is the role of benchmarking when planning a quality improvement?

  This solution discusses benchmarking as a systematic process of measuring an organization's business against leaders in the field is 298 words. Includes four steps in benchmarking.