Meaning Of Benchmark
Benchmarking definition a standard of excellence achievement etc against which similar things must be measured or judged. The new hotel is a benchmark in opulence and comfort.
Benchmarks may be drawn from a firms own experience from the experience of other firms.
Meaning of benchmark. Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Something set up as an example against which others of the same type are compared synonyms. Standard or a set of standards used as a point of reference for evaluating performance or level of quality.
12 synonyms of benchmark from the merriam webster thesaurus plus 13 related words definitions and antonyms. A level of quality that can be used as a standard when comparing other things. Benchmark definition is something that serves as a standard by which others may be measured or judged.
A point of reference from which measurements may be made. Point of reference reference point reference an indicator that orients you generally. A benchmark is a standard against which the performance of a security mutual fund or investment manager can be measured.
How to use benchmark in a sentence. Benchmark a surveyors mark on a permanent object of predetermined position and elevation used as a reference point. Something that serves as a standard by which others may be measured or judged.
It is used as a reference for comparing the heating and the electrical energy involved. Find another word for benchmark. A benchmark is something whose quality or quantity is known and which can therefore be used as a standard with which other things can be compared.
Dimensions typically measured are quality time and cost. Benchmark definition a standard of excellence achievement etc against which similar things must be measured or judged. The new hotel is a benchmark in opulence and comfort.
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