The vice president of operations of your company, which makes packaged foods, is thinking about benchmarking manufacturing processes at companies with great reputations for efficiency and quality control. However, he is wondering whether the effort involved will be worth it. Which of the following are potential benefits of benchmarking for your organization? Check all that apply.
A. Benchmarking allows managers to develop the most innovative solutions for problems.
B. Benchmarking provides objective data and targets for improvement
C. Benchmarking shows the solutions others have found for common problems.
D. Benchmarking allows companies to review their internal processes in an unbiased fashion.
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