Benchmarking

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Rejected term: proposed in PAP62-4.4.1.1 Annex A (ARM22-10.1.5.1) and not accepted by ARM (not a term in IALA domain). Identifier urn:mrn:iala:dic:13-5-0001 withdrawn and not to be re-used.

Benchmarking (also "best practice benchmarks" or "process benchmarking") is a process used in management and particularly strategic management, in which stakeholders evaluate various aspects of their processes in relation to best practice, usually within their own sector. (Originate: G1052)




Please note that this is the term as it stands in the original IALA Dictionary edition (1970-1989)