The new hotel is a benchmark in opulence and comfort. Benchmark definition is something that serves as a standard by which others may be measured or judged.
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The term benchmark is also commonly utilized for the purposes of elaborately designed benchmarking programs themselves.
Define benchmark. The objectives of benchmarking are 1 to determine what and where improvements are called for 2 to analyze how other organizations achieve. The benchmark for sth this year the benchmark for iron ore is 60 a tonne. Benchmark synonyms benchmark pronunciation benchmark translation english dictionary definition of benchmark.
A point of reference from which measurements may be made see the full definition. The new hotel is a benchmark in opulence and comfort. Generally broad market and market segment stock and bond indexes are used.
The archer now had to adapt to the new situation and learn to handle the gun. Something that serves as a standard by which others may be measured or judged. A measurement of the quality of an organizations policies products programs strategies etc and their comparison with standard measurements or similar measurements of its peers.
The benchmark price of oil dropped from 59 to 53 per barrel. Benchmarking definition a standard of excellence achievement etc against which similar things must be measured or judged. Standard or a set of standards used as a point of reference for evaluating performance or level of quality.
Benchmark definition a standard of excellence achievement etc against which similar things must be measured or judged. Benchmarks may be drawn from a firms own experience from the experience of other firms in the industry or from legal requirements such as environmental regulations. The merval stock index the benchmark measure of argentinas stock market rose 82 yesterday.
Comparison and improved performancethe introduction of gunpowder arms replaced the bow and arrow from the archer the soldier who used the bow. The term benchmark originates from the history of guns and ammunition in regards to the same aim as for the business term. A benchmark is a standard against which the performance of a security mutual fund or investment manager can be measured.
In computing a benchmark is the act of running a computer program a set of programs or other operations in order to assess the relative performance of an object normally by running a number of standard tests and trials against it. A standard by which something can be measured or judged. How to use benchmark in a sentence.
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