benchmark
Definition
Standard, or a set of standards, used as a point of reference for evaluating performance or level of quality. Benchmarks may be drawn from a firm's own experience, from the experience of other firms in the industry, or from legal requirements such as environmental regulations.
Mentioned in these definitions
Mentioned in these terms
Popular 'Industries, Manufacturing, & Technology' Terms
benchmark in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/benchmark.html
