Which of the following is not a benefit of benchmarking?

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Prepare for the UCF GEB4522 Data Driven Decision Making Final Exam. Use flashcards and multiple choice questions to study. Familiarize yourself with key concepts and methodologies to excel on the test!

Benchmarking is a process that organizations use to measure their performance and practices against those of others, often considered industry leaders, to identify improvement opportunities. The primary benefits of benchmarking include leveraging areas of strength, improved performance, and enhanced quality.

Leveraging areas of strength allows organizations to recognize and build upon their competitive advantages, while improved performance comes as organizations implement best practices identified through benchmarking. Enhanced quality results from the insights gained through comparing processes and outputs with those deemed exemplary.

On the other hand, maintaining shareholder satisfaction is not a direct benefit of benchmarking itself. While organizations may enhance various aspects such as performance and quality through benchmarking, which can indirectly contribute to shareholder satisfaction, the process of benchmarking does not explicitly focus on shareholders or their satisfaction. Therefore, maintaining shareholder satisfaction is not inherently a benefit associated with the benchmarking process.