Amazon Business Analyst Mock Interview
Practice 29 Amazon Business Analyst interview questions covering data analysis, SQL, and Amazon's Leadership Principles.
Question 9 of 29
What is benchmarking, and why is it important?
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William Swansen has worked in the employment assistance realm since 2007. He is an author, job search strategist, and career advisor who helps individuals worldwide and in various professions to find their ideal careers.
By definition, to benchmark is to evaluate or compare with a pre-set standard. When a business analyst is benchmarking, they take a deep dive into a competing organization and then use those marks to set a standard for the company they are working with.
This deep dive could include hiring practices, return policies, product development, manufacturing procedures, and more. Explain to the interviewer how you, as a successful business analyst, use benchmarking to help your clients achieve their goals.
William Swansen has worked in the employment assistance realm since 2007. He is an author, job search strategist, and career advisor who helps individuals worldwide and in various professions to find their ideal careers.
"In a nutshell, benchmarking is the practice of setting your business standards against your competitors. When properly utilized, benchmarking can help an organization like Amazon take a critical look at their competitors' performance and learn from past mistakes while benefiting from best practices that may already exist. This dive could include dissecting existing processes, the analysis of different sets of data, and developing an action plan around what your competitors may or may not be doing."
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