The Methodology of Simple Comparisons as a Replacement for Comprehensive Benchmarking in Controlling

Abstract

The paper aims to define an alternative to the traditional process of comprehensive benchmarking in controlling. Traditional benchmarking offers invaluable outputs, but the cost is a high process, time, and cost. The newly defined method of simple comparisons is less demanding from a process, time, and financial point of view, but the accuracy of the results is lower.