Asked by Angelique Cobilla on Jun 09, 2024

verifed

Verified

The practice of examining best practices used in successful organizations is sometimes called ________.

A) exploitation
B) systems dynamics
C) benchmarking
D) diffusion of knowledge

Diffusion of Knowledge

The process by which information, ideas, or innovations spread within a group or from one group to another.

Benchmarking

The process of comparing one's business processes and performance metrics to industry bests or best practices from other industries.

Best Practices

Proven or widely recognized methods or techniques that have been shown to yield superior results and are used as benchmarks.

  • Comprehend the principle and utilization of benchmarking within the context of organizational development and enhancement.
verifed

Verified Answer

JL
Janneth LopezJun 16, 2024
Final Answer :
C
Explanation :
Benchmarking is the process of comparing one's business processes and performance metrics to industry bests or best practices from other companies.