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benchmarking

noun
ˈbɛntʃˌmɑːr.kɪŋ

Meaning

Comparing with a specific industry or competitor to set the best standards.
Comparing with a specific industry or competitor to set standards

Example Sentences

Companies use benchmarking to assess their performance.

Companies use benchmarking to assess their performance.

Synonyms

standardization, evaluation, performance comparison
Entry 1
standardization, evaluation, performance comparison
Entry 2
standardization, evaluation, performance comparison

Antonyms

inconsistency, guesswork, non-comparison
Entry 1
inconsistency, guesswork, non-comparison
Entry 2
inconsistency, guesswork, non-comparison

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