Identify a specific company that the firm could use to benchmark a process. You need to describe what process or processes the company would want to improve. Discuss how you would go about collecting data and how the results could be used to improve the company. Also, discuss at least one potential challenge with benchmarking.
Please provide at least two detailed responses to other students’ posts about benchmarking. When responding to other posts, comment on what you believe could also be improved based on what was presented.