ALL meanings of benchmarking
bench·mark
B b - uncountable noun benchmarking In business, benchmarking is a process in which a company compares its products and methods with those of the most successful companies in its field, in order to try to improve its own performance. 3
- noun benchmarking comparison of practices within different companies, to decide what is most effficient 3
- noun benchmarking 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. 1
- noun benchmarking any standard or reference by which others can be measured or judged: The current price for crude oil may become the benchmark. 1
- noun benchmarking Computers. an established point of reference against which computers or programs can be measured in tests comparing their performance, reliability, etc. 1
- noun benchmarking Surveying.. Usually, bench mark. a marked point of known or assumed elevation from which other elevations may be established. Abbreviation: BM. 1
- adjective benchmarking of, relating to, or resulting in a benchmark: benchmark test, benchmark study. 1
- verb with object benchmarking to test (something) in order to develop a standard: IT benchmarked the new software. 1
- verb with object benchmarking to measure (something) against a standard: executive salaries benchmarked against the industry. 1
- noun benchmarking A performance measurement according to a benchmark. 0
- verb benchmarking present participle of benchmark. 0