Benchmarking

1- Based on the criteria provided, some car options that Mr. Pughazhyendhii could consider are the Honda City, Toyota Yaris, Skoda Rapid, and Hyundai Verna. These cars have ample space for a family of five and are reliable for long distance trips. They also fall within the budget range of 8-10 lakhs on road

2- Benchmarking is the process of comparing an organization's performance and processes against other organizations that are considered to be the best in their industry or sector.

The goal of benchmarking is to identify areas where the organization can improve and to learn from the best practices of others. Benchmarking can be used to evaluate various aspects of an organization's performance, such as productivity, quality, customer satisfaction, and financial performance.

There are two types of benchmarking, there are two types of benchmarking 1-internal and 2-external benchmarking.

Internal benchmarking compares the company's performance with its own past performance.

External benchmarking compares the company's performance with other companies in the same industry.

3-

Car 1: Honda City

• Price range: 9.29 - 14.54 lakhs on road
• Engine: 1.5-litre petrol/1.5-litre diesel
• Mileage: 17.4 km/l - 24.1 km/l
• Features: Automatic transmission, Honda Sensing safety suite, sunroof, wireless charging

Car 2: Toyota Yaris

• Price range: 8.86 - 14.31 lakhs on road
• Engine: 1.5-litre petrol
• Mileage: 17.1 km/l
• Features: Automatic transmission, 7 airbags, Toyota Safety Sense, hill start assist, rearview camera

Car 3: Skoda Rapid

• Price range: 8.99 - 14.25 lakhs on road
• Engine: 1.0-litre turbo petrol/1.5-litre diesel
• Mileage: 17.0 km/l - 21.72 km/l
• Features: Automatic transmission, Skoda Connect, rearview camera, hill hold control

Car 4: Hyundai Verna

• Price range: 9.31 - 15.09 lakhs on road
• Engine: 1.5-litre petrol/1.5-litre dies
• Mileage: 17.7 km/l - 25.0 km/l
• Features: Automatic transmission, BlueLink connected car technology, rearview camera, 6 airbags

4- All cars are comparable in terms of size, safety and comfort, but there are some differences in terms of price, fuel efficiency, and features. The Honda City and Toyota Yaris are slightly more expensive than the Skoda Rapid and Hyundai Verna, but they also have more features and a higher fuel efficiency. The Skoda Rapid and Hyundai Verna are more budget-friendly, but they do not have as many features as the Honda City and Toyota Yaris.