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OLEGan [10]
1 year ago
6

in an effort to combat the high costs and losses associated with turnover, managers at an analytics firm are studying the recrui

tment and training policies at a similar firm that has very low turnover. this is an example of .
Business
1 answer:
kifflom [539]1 year ago
6 0

In an effort to combat the high costs and losses associated with turnover, managers at an analytics firm are studying the recruitment and training policies at a similar firm that has very low turnover. this is an example of <u>benchmarking</u><u>.</u>

<h3>What is Benchmarking?</h3>

Benchmarking is the process of comparing the performance of a company's products, services, or processes to those of other businesses that are thought to be the best in the industry. The goal of benchmarking is to identify internal areas for improvement.

It is the practice of comparing a company's business processes and performance metrics to industry bests and best practices. Quality, time, and cost are the most commonly measured dimensions. It is a technique used to evaluate and compare performance in order to achieve continuous improvement. It is part of a comprehensive quality management process that includes the key components to move business forward.

In conclusion, the correct option is Benchmarking.

Learn more about benchmark on:

brainly.com/question/5561623

#SPJ1

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The company has net sales revenue of $5.0 million during 2018. The company's records also included the following information: As
il63 [147K]

Answer:

1.45 times

Explanation:

The computation of company's fixed asset turnover ratio is shown below:-

Average of Net Property, plant and equipment = ($3.0 million +  $3.9 million) ÷ 2

= $6.9 million ÷ 2

= $3.45 million

Fixed asset turnover ratio = Net Sales ÷ Average of Net Property, plant and equipment

= $5 million ÷ $3.45 million

= 1.45 times

Therefore for computing the fixed assets turnover ratio we simply applied the above formula.

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Answer:

A) To be more conservative in planning for an individual's retirement, decrease the individuals life expectancy.==>TRUE

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3 years ago
Define the term collateral and include two examples​
Scorpion4ik [409]
Collateral is an asset or piece of property that a borrower offers to a lender as security for a loan. ... An example of unsecured lending is a business credit card. Borrowers do not offer collateral when using a credit card. Since the loan is unsecured, credit cards typically carry higher interest rates.
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Helena is only a couple months into running her nail salon business and she
antiseptic1488 [7]

Answer:

A

Explanation:

3 0
3 years ago
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People of all backgrounds, occupations, and income levels wear watches but rolex focuses only on the high-income portion of the
maks197457 [2]

Rolex uses a <u>"single-segment"</u> strategy.


The single segment strategy includes the utilization of just a single marketing mix for one market segment.  

The single segment strategy in advertising guarantees that a producer chooses one section of the market and just supplies that segment.One or every one of the products created by an advertiser are sold to just  who meet the attributes of that single segment.

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