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Benchmarking and classification of CBT tools for driver training Lang, B., Parks, A.M., Cotter, S., Robbins, R., Daily, C., Annulled, P., Turn, G., Bears, E., Panos, M., Kapplusch, J. and Paschal,
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Gather relevant data on the subject being benchmarked or classified.
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Benchmarking and classification refers to the process of evaluating a company's performance against industry standards or best practices, and categorizing its operations for better analysis and decision-making.
Usually, organizations and businesses that meet certain criteria established by regulatory bodies or industry standards are required to file benchmarking and classification data.
To fill out benchmarking and classification, one must gather relevant data, follow prescribed guidelines or templates provided by the regulatory body, and accurately report metrics for comparison and classification.
The purpose of benchmarking and classification is to provide a framework for organizations to assess their performance, identify areas for improvement, and ensure compliance with industry regulations.
Typically, organizations must report financial metrics, operational statistics, industry comparisons, and compliance with relevant standards in their benchmarking and classification submissions.
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