![]() ![]() It helps an organization to organize a framework to plan, execute, and monitor the actions of individuals or groups of employees. Therefore, benchmarks are required to achieve the objectives of the company that includes profit generation, brand reputation, and customer satisfaction.īenchmarks are the standards that need to be achieved to create and maintain a distinct image of the brand. The dynamic market offers immense opportunities, and rigid standards could not bring fruits to the company in the long term. Companies need to conduct rigorous research and development and use strategic benchmarks to match with the best market performers. Perfection has become an irrelevant notion because technological progress is upgrading the manner of operation and the quality of products or services. The establishment of standards is the need of the hour in today’s globalized environment where companies are facing tough competition. Select the market leaders with which the product or service needs to be compared.Ĭollection of data regarding the product or service performance, competitors, etc.Ĭomparison of the overall data with the predefined standards or the market standards to identify the gaps.Īnalysis of the results and review of the existing policies and adapt new dynamic strategies to compete with the best performers. Planning and selection of a product or service for which benchmark needs to be set up. It is critical to select a suitable benchmark, as using the incorrect index can result in benchmark error.īenchmarking of a product or service can be explained through the five-step process which is explained below:. Through the process of benchmarking, various attributes are determined, and the well-researched data are compared to assess the performance. Make tools available such as paper and markers, grid paper, paper strips for folding, and/or manipulatives such as relational rods.Benchmarking is the process that is used to define the subject of the overall study. What manipulatives could you use to help you?.What strategy did you find most helpful? Why?.How did your representation help you to compare the fractions?. ![]() Share how you visualized the fractions.Did you think of contexts to help you visualize the fractions? How did this help you?.be purposeful about the strategy for comparison based on the fractions given.consider the proximity of the fraction to 1 by identifying the ‘missing piece’ (complement) and.consider the size of the unit fractions (as indicated by the denominators).use benchmarks to make estimates for comparison.consider only the numerators or only the denominators.rely on the algorithm for determining equivalent fractions.construct accurate models to compare two or more fractions.Have students identify the similarities and differences between the strategies.ĥ / 12 of a chocolate bar? Show your thinking. Highlight different strategies by intentionally selecting students that solved the task in different ways. Have students describe their thinking.Encourage them to use graph paper, rulers and manipulatives (concrete or virtual, such as the tools at mathies.ca). Provide students time to complete the task.Post the selected prompt (select from options to the right) on the black/whiteboard or interactive whiteboard, or distribute on a handout. Partner students and introduce the task.represent, compare and order fractional amounts using a variety of tools.Students are encouraged to develop a range of different strategies and to use them strategically, based on the situation. These prompts progress in complexity from comparisons of equivalent fractions, to examples that include same denominators, to comparisons of very close fractions with different numerators and denominators. Research shows that it is beneficial to spread fraction learning throughout the year and embed it in other strands. Encourage students to build models/representations and create contexts to support visualization of fractions, which in turn supports meaning-making. Repeated practice and exploration in making comparisons between fractions will deepen student understanding. The prompts may be used on different occasions depending on student readiness. This is a set of prompts consisting of purposely paired fractions to elicit the use of various strategies. Familiar Fractions and Benchmarks Comparisons Description ![]()
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