- This question delves into the definition of industry benchmarks, exploring how they are created, who establishes them, and the data or methodologies used to develop these standards. 2. **How Do Companies Utilize Industry Benchmarks for Performance Ev

- This question delves into the definition of industry benchmarks, exploring how they are created, who establishes them, and the data or methodologies used to develop these standards. 2. **How Do Companies Utilize Industry Benchmarks for Performance Evaluation?