How is benchmarking in a company affected
How is benchmarking in a company affected?
Expert
The explosive interest of companies in benchmarking costs and identifying finest practices has prompted asking organizations to do benchmarking study, collect benchmarking information, and allocate information about finest practices without identifying sources. Having an self-governing group collect the information and report it in a way that masks the names of individual companies allows participating companies to shun disclosing competitively sensitive data to rivals and lessens the risk of ethical problems.
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