Organizational Behavior
Title: Organizational Behavior
Category: /Business & Economy/Management
Details: Words: 440 | Pages: 2 (approximately 235 words/page)
Organizational Behavior
Category: /Business & Economy/Management
Details: Words: 440 | Pages: 2 (approximately 235 words/page)
Introduction
Mark Del Franco titles the article that I chose to review "Adventure in Benchmarking," The publication title is Catalog Age. The article discusses the importance of benchmarking in a company. The article gives a clear picture of how benchmarking is beneficial to different types of companies. They cover the important aspects from Cabela's, a based outdoor catalog, cooking catalogs, and Swanson Health Products.
Definition
The term benchmark when looked up in a dictionary can
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process" (http://retailindustry.about.com/), what business is not going to consider using the concept? There are many advantages to benchmarking as the article points out. Some of those advantages are:
* New insight on things that might be overlooked
* New perspective when looking and comparing your company to someone else's
* New targets and goals are made after the comparison is completed
* Projection of future especially the businesses financial future
* Provides areas of focus and opportunities