Question: Why should a company use benchmarking? Benchmarking allows for the reduction or elimination of trial and error. Benchmarking eliminates the need for analysis. Benchmarking prevents

Why should a company use benchmarking? Benchmarking allows for the reduction or elimination of trial and error. Benchmarking eliminates the need for analysis. Benchmarking prevents others from learning a firm's processes. Benchmarking automatically makes a firm the best in class

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