Answer:
compares the efficiency and effectiveness of your business processes against strict standards.
Explanation:
Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement.
Answer:
B
Explanation:
The Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products
The correct answer is letter D. <span>complete the task by doing as much as possible. </span>Your supervisor has asked you to complete a task with three coworkers. In order to impress your supervisor, the best plan would be to complete the task by doing as much as possible.
Answer:
b. $28,000 and $12,000 respectively
Explanation:
The marginal cost and marginal revenue refers to the additional cost or revenue that is generated for adding an additional unit or increasing the ouput by one unit,
In thi case, moving to Large reservoir from Medium reservoir
Marginal cost: 72,000 - 44,000 = 28,000
<em>It cost 28,000 to move to a large reservoir</em>
Marginal revenue :64,000 - 52,000 = 12,000
<em>It generates additional benefit for 12,000</em>
