As an Amazon Associate I earn from qualifying purchases.

Benchmark Definition and Explanation PDF | Download eBooks

Learn Benchmark definition in strategic management with explanation to study “What is Benchmark”. Study benchmark explanation with strategic management terms to review strategic management course for online MBA programs.

Benchmark Definition:

  • Standard of excellence against which to measure and compare.

    Management by Stephen P. Robbins, Mary A. Coulter



Benchmark Explanation:

In figuring, a benchmark is the demonstration of running a PC program, a lot of projects, or different activities, so as to evaluate the general execution of an article, typically by running various standard tests and preliminaries against it. The term benchmark is additionally normally used for the reasons for extravagantly planned benchmarking programs themselves. Benchmarking is typically connected with evaluating execution attributes of PC equipment, for instance, the gliding point activity execution of a CPU, yet there are conditions when the procedure is likewise material to programming. Programming benchmarks are, for instance, keep running against compilers or database the executives frameworks (DBMS). Benchmarks give a strategy for looking at the presentation of different subsystems crosswise over various chip/framework models.

Keep Learning Strategic Management Explanations

What is Omnipotent View of Management?

The customary perspective on chiefs is that they have for all intents and purposes boundless authority over the association and ...

What is Feedback?

Degree to which doing the work exercises required by the activity gives the individual immediate and clear data about the ...

What is Ethnicity?

Ethnicity is normally an acquired status dependent on the general public in which one lives. Participation of an ethnic gathering ...

What is Sustainability?

Sustainability is the capacity to exist continually. In the 21st century, it alludes by and large to the limit with ...

What are Attitude Surveys?

An appraisal of the sentiments of a populace toward a specific brand, item, or organization. Demeanor studies can be valuable ...

What is SWOT Analysis?

SWOT investigation (or SWOT lattice) is a vital arranging procedure used to support an individual or association distinguish qualities, shortcomings, ...