Question: Benchmarking is defined as a - a . program where suppliers compete for contracts, and those not selected receive best practices byosed of the winning

Benchmarking is defined as a -
a. program where suppliers compete for contracts, and those not selected
receive best practices byosed of the winning supplier's approach, enabling
them to enhance their processos
b. practice where organisations attempt to learn and apply the best practices
of other organisations,
c. performance metrics system that seeks to motivate suppliers to perform
better:
d. system for quickly identifying defective systems to implement supplier
development processes:
 Benchmarking is defined as a - a. program where suppliers compete

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