Notes the fact that benchmarking has become a widely used management tool. Also points out that benchmarking is an evolving concept, giving a brief historical overview of the development of benchmarking and noting the view that it is changing from an art to a science. Gives a detailed breakdown of the various types of benchmarking and looks at the process of benchmarking and various approaches, arguing the need for an integrated approach.
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Ahmed et al. (1998) studied this question.
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