Bench Marking

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1. A form of comparison usually between the activities of one organization and those of one or more comparable external organizations.

(Source: Business Continuity Management Institute - BCM Institute)

2. A form of comparison usually between the activities of one organisation and those of one or more comparable external organisations. Also used to describe a form of simulation modelling where the entire operational environment is replicated or simulated.

(Source: UK Financial Sector Continuity)