In a rapidly advancing world, standardization plays a crucial role in promoting efficiency, ensuring quality, and enhancing interconnectivity across various sectors.
Benchmarking is the process of measuring and comparing the performance of an organization, process, or product against a set of established standards or best practices. It involves identifying and analyzing the practices and performance metrics of other organizations that are recognized as leaders in a particular industry or field, with the goal of improving the performance of the organization being benchmarked.
