Question: Benchmarking is: A system requiring incremental performance improvements over a period of time. A practice where companies attempt to learn and apply the best practices

Benchmarking is:
A system requiring incremental performance improvements over a period of time.
A practice where companies attempt to learn and apply the best practices of other companies.
A system of marking defective inbound inventory so it can quickly be identified for return to the supplier.
A program where suppliers compete for contracts without knowing what other potential suppliers have offered.
Benchmarking is: A system requiring incremental performance improvements over a period

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