A benchmark or benchmarking in business is the term used to evaluate something by comparison with a standard. Benchmarking is often used to work out where or whether improvements are needed.
Go back to the main Accounting Glossary page.
A benchmark or benchmarking in business is the term used to evaluate something by comparison with a standard. Benchmarking is often used to work out where or whether improvements are needed.
Go back to the main Accounting Glossary page.
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