what is a benchmark in education, management homework help

Identify a specific company that the firm could use to benchmark a process. Youneed 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 beused to improve the company. Also, discuss at least one potential challengewith benchmarking.

Please provide at least two detailed responses to other students’ posts aboutbenchmarking. When responding to other posts, comment on what you believe couldalso be improved based on what was presented.