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Alternative Approaches to meeting Peugeot Objectives  

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Ben Hampson A1: Alternative Approaches to meeting Peugeot Objectives Are Peugeot using the best methods for the line of work they are involved in? Is there a way of improving their efficiency, quality and productivity? We should be able to tell if there is by looking at the theory known as benchmarking. Benchmarking can be defined as imitating the standards of an established leader in quality and attempting to be better them. Benchmarking is a technique used by some businesses to help them discover the 'best' methods of production available and then adopt them. Benchmarking involves: - * Finding out what makes the difference, in the customer's eyes, between an ordinary supplier and an excellent supplier. * Setting standards for business operations based on the best practice that can be found. * Finding out how these best companies meeting those standards. * Applying both competitors' standards and, if possible, exceed them. What should be benchmarked? I Who should the...

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