What is the difference between continuous improvement and benchmarking?
What will be an ideal response?
Continuous improvement is a philosophy of continuously reevaluating and improving the efficiency of the organization's activities. Continuous improvement is the search to 1) improve the activities in which the organization engages through documentation and understanding, 2) eliminating activities that are nonvalue-added, and 3) improve the efficiency of activities that are value-added. Benchmarking is the search for and implementation of the best way to do something as practices by other organizations or in other parts of the organization itself.
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