BENCHMARK Meaning
The BENCHMARK meaning is "Benchmarking". The BENCHMARK abbreviation has 1 different full form.
BENCHMARK Full Forms
- Benchmarking The process of reverse engineering a competitor’s product to assess how your product compares to their design and technology. Benchmarking gives insight into new designs, materials and technologies as well as new engineering ideas that can be used to improve a product design. Cars are either benchmarked cooperatively by two companies looking for mutual gain, or are benchmarked by purchasing a product to analyze and gain insights on technological advantages. Management, Weather, Business & Finance, Scientific & Educational, Unclassified
Frequently Asked Questions (FAQ)
What does BENCHMARK stand for?
BENCHMARK stands for Benchmarking.
What is the shortened form of Benchmarking?
The short form of "Benchmarking" is BENCHMARK.
Citation
BENCHMARK. Acronym24.com. (2020, May 24). Retrieved March 12, 2025 from https://acronym24.com/benchmark-meaning/
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