What is the benchmarking


Comment on the following scenario:

Benchmarking at Saint-Gobain Saint-Gobain, the France-based business, is the largest glass maker in the world. It operates in 49 different countries through a large number of glass-making plants. Glass for motor vehicles is a major part of its output. Saint-Gobain's plants are benchmarked against one another, with each being assessed against the best one for the particular feature under consideration.

The features that are the subject of benchmarking include:

? safety

? quality of the output

? production cost.

 

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Cost Accounting: What is the benchmarking
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