Benchmarking

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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)

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English

International Association of Marine Aids to Navigation and Lighthouse Authorities - AISM

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