Theoretical and conceptual approach to benchmarking on the example of the construction sector of the Republic of Azerbaijan
DOI:
https://doi.org/10.21847/1728-9343.2018.2(154).132801Keywords:
benchmarking, construction industry of Azerbaijan, competitive benchmarking, strategic benchmarkingAbstract
The distinctive correlation of precise boundaries is an essential aspect of social interests in determination of benefit during the course of theoretical and comparative analysis of benchmarking. The relevance of research comprises not only instilling of proprietary aspect of functioning chain that is envisaged to be designated, but also compatibility of consumer-oriented supply factors with the interest. Arguments elimination and reimbursement of complementary expenses have been selected and studied as the purpose of the research. Construction sector of the country was chosen as research object and complex mechanism of benchmarking was analyzed, as well as services provided by "Balfour Beatty" (United Kingdom) and "Alians" (Azerbaijan) companies within the framework of article. The extent of study of the problem encompasses study of time and spatial benefit which cause changes in favor of consumers of services in the sphere of construction. Scientific novelty of the research consists of establishment of distinction between benchmarking and competitiveness studies, revelation of prospect of application of benchmarking in Azerbaijan.
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Copyright (c) 2018 Gyulshan Mustafaeva
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