Asked by
nomcebo precious
on Nov 10, 2024
Verified
When it comes to good evidence, benchmarking is the gold standard.
Benchmarking
The process of comparing one's business processes and performance metrics to industry bests or best practices from other companies.
Gold Standard
historically refers to a monetary system where a country's currency value is directly linked to gold, but in a broader sense, it signifies the highest quality or benchmark measure.
- Acknowledge the significance of using research that is scientifically conducted and peer-reviewed as reliable evidence in the decision-making process.
Verified Answer
SA
Learning Objectives
- Acknowledge the significance of using research that is scientifically conducted and peer-reviewed as reliable evidence in the decision-making process.
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