Practice Quiz

Lean Bronze

Category - Enterprise Culture

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In order to help build a consistent lean enterprise, a project team is building consensus by performing a benchmarking activity to reduce disagreement in measures. Benchmarking can be defined as all of the following EXCEPT?
  1. A standard of excellence against which organizations are measured.
  2. The act of searching out superior performance of like organizations.
  3. The comparison of an individual organization to a set of industry standards and then against another organization’s performance.
  4. A standardized process of measuring your organization’s performance compared to performance in the best in class organizations.
Explanation
Answer: C - Benchmarking can be defined as all of the following except the comparison of an individual organization to a set of industry standards and then against another organization’s performance. The comparison is made organization to organization.
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