Strategic benchmarking

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Strategic benchmarking is a type of benchmarking that involves observing how others compete. This type of benchmarking typically involves target firms that have been identified as "world class."

Definition

According to Managing Quality by Foster (6th edition),

Strategic benchmarking. A type of benchmarking that involves observing how others compete. This type of benchmarking typically involves target firms that have been identified as "world class."
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