Posted: August 29th, 2022

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Please write a discussion post on Nike and the contemporary management term “Benchmarking”. Below is the definition of what benchmarking is. I have attached the text regarding benchmarking from the text book as well as the discussion instructions. Please utlize 3 Benchmarking – A process by which a firm identifies its critical success factors, studies the best practices of other firms (or other business units within a firm) for achieving these critical success factors, and then implements improvements in the firm’s processes to match or beat the performance of those competitors. Please also use the this reference as it is from the benchmarking definition from the textbook:
“Blocher, E. J., Stout, D., & Smith, S. (2021). Cost Management: A strategic Emphasis, (9th edition). Boston, MA: McGraw-Hill.”

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