Abstract
The article explores the benchmarking tool as an effective method of strategic and anti-crisis management, which is a mechanism for comparative analysis of performance indicators and technologies of more successful companies (both in one area and globally) to identify and implement best practices. This article also examines the need and importance of applying the concept of benchmarking in the Uzbek automotive industry. The concept of benchmarking and the results of case studies applied in the automotive industry were analyzed, a competition model was developed based on the benchmarking methodology, and on this basis the current financial performance of UzAuto Motors was studied, 3 most advanced companies in the industry were selected and examined. Based on the comparative analysis, UzAuto Motors compared the selected competing companies on the basis of the effective use of the benchmarking instrument, and developed proposals and conclusions on its de-monopolization and competitiveness.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.