Benchmarking meaning in english
What do we mean by benchmarking?
Benchmarking is a process of measuring the performance of a company's products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement.6 days ago.
- Meaning of benchmark in English. a level of quality that can be used as a standard when comparing other things: Her outstanding performances set a new benchmark for singers throughout the world.
(bentʃmɑːʳkɪŋ ) uncountable noun. In business, benchmarking is a process in which a company compares its products and methods with those of the most successful companies in its field, in order to try to improve its own performance.
the act of measuring the quality of something by comparing it with something else of an accepted standard: rigorous benchmarking of research performance. a benchmarking system to help consumers.
the act of measuring the quality of something by comparing it with something else of an accepted standard: Without government benchmarking, customers can't be sure of the truth of a business's claims to being environmentally-friendly.
benchmarking | Business English
the act of measuring the quality of something by comparing it with something else of an accepted standard: Without government benchmarking, customers can't be sure of the truth of a business's claims to being environmentally-friendly.
Benefits
Benchmarks help an investor communicate his or her wishes to a portfolio manager.
By assigning the manager a benchmark with which to compare the portfolio's performance, the portfolio manager will make investment decisions with the eci's performance in mind.
Example
Let's assume you compare the returns of your stock portfolio, which is a broadly diversified collection of small-cap stocks and is managed by Company XYZ, with the Russell 2000 index, which you feel is an accurate universe of feasible alternative investments.
If Company XYZ's portfolio returns 5.5% in a year but the Russell 2000 (the benchmark) ret.
Managers
Portfolio managers vary in their benchmark strategies.
For example, passive managers seek to replicate their benchmarks.
This is the strategy behind index mutual funds, which replicate broad market indexes or indexes of securities with special characteristics.
Actively managed portfolios on the other hand, seek to beat benchmark returns but general.
Purpose
Comparing a portfolio's returns to a benchmark is a way to measure a portfolio manager's skill.
It answers the question, \\"What value was added by the manager's decisions.\\" The difference in the portfolio and benchmark returns, called tracking error, quantifies this.
Tracking error gives investors a sense of how \\"tight\\" the portfolio in question.
Risks
Venture capitals frequently receive incentive fees if their portfolios exceed the benchmark return.
However, it is important to structure these incentives in a manner that does not motivate a manager to unduly increase the portfolio's risk.
What do you mean by benchmarking?
Benchmarking is the process of comparing your company's results with those of others in your industry to get a better understanding of your position among your competitors.
There are many compelling reasons to include:
benchmarking as one of your essential business activities primarily because it is an effective way to identify best practices in your sector.
English Profile is an interdisciplinary research programme designed to enhance the learning, teaching and assessment of English worldwide.
The aim of the programme is to provide a clear benchmark for progress in English by clearly describing the language that learners need at each level of the Common European Framework of Reference for Languages (CEFR).
By making the CEFR more accessible, English Profile will provide support for the development of curricula and teaching materials, and in assessing students' language proficiency.
1906 book by Henry Watson Fowler and Francis George Fowler
The King's English is a book on English usage and grammar.
It was written by the brothers Henry Watson Fowler and Francis George Fowler and published in 1906; it thus predates by twenty years Modern English Usage, which was written by Henry alone after Francis's death in 1918.
English Profile is an interdisciplinary research programme designed to enhance the learning, teaching and assessment of English worldwide.
The aim of the programme is to provide a clear benchmark for progress in English by clearly describing the language that learners need at each level of the Common European Framework of Reference for Languages (CEFR).
By making the CEFR more accessible, English Profile will provide support for the development of curricula and teaching materials, and in assessing students' language proficiency.
1906 book by Henry Watson Fowler and Francis George Fowler
The King's English is a book on English usage and grammar.
It was written by the brothers Henry Watson Fowler and Francis George Fowler and published in 1906; it thus predates by twenty years Modern English Usage, which was written by Henry alone after Francis's death in 1918.
