All categories

4 years ago

Is a process whereby companies compare their practices and performance measurements to those of other companies?

1 answer:

katrin2010 [14]4 years ago

6 0

Is a process whereby companies compare their practices and performance measurements to those of other companies? Benchmarking. Benchmarking is one company's way of comparing how they do business to other companies. They check their metrics in practice and performance to see how they fair with the industries leading companies. They are commonly measuring quality of produce, time it costs to produce and the price it costs to produce.

You might be interested in

The simplest way for countries to enter into a trade agreement is through signing a treaty to enter a( )with another country.( )

kati45 [8]

1 direct agreement
2 international organizations
3 special economic zone

8 0

4 years ago

Read 2 more answers

2017 2016 Net sales $ 1,110,000 $ 1,116,500 Net income (loss) 62,000 50,700 Total assets 855,338 838,078 Share information Share

mixer [17]

Answer:

Earnings per share 2016 = $0.00073

Earnings per share 2017 = $0.00095

Explanation:

Earnings per share relates to a period and not for a particular date, therefore, it is computed based on the average number of shares for the period.

Net income for each year

2017 = $62,000

2016 = $50,700

Shares at the end of year

2017 = 64,507,000

2016 = 66,282,000

2015 = 73,139,000

Average shares of 2016 = $\frac{(73,139,000 + 66,282,000)}{2} = 69,710,500$

Average shares of 2017 = $\frac{(64,507,000 + 66,282,000)}{2}$ = 65,394,500

Earning per share for 2016 = $\frac{50,700}{69,710,500} = $0.00073$

Earnings per share for 2017 = $\frac{62,000}{65,394,500} = $0.00095$

7 0

4 years ago

In 2019, Aurora received a $25,000 bonus computed as a percentage of profits. In 2020, Aurora’s employer determined that the 201

kherson [118]

Answer:

<em>Answers are explained below in the explanation part.</em>

Explanation:

(a) In 2019, Aurora is required to add $25000 income because this was the amount that was transferred initially to employee from the employer.

(b) In 2020, Aurora can claim a deduction of $2800 (8000*35% = 2800). Now in 2020, Aurora will not be given reduction in taxes as she has claim amount due from taxes which she claimed of the extra taxes charged in year 2019.

6 0

4 years ago

Describe three different financial decisions and their opportunity costs.

KatRina [158]

Answer:

Going to college has an opportunity cost of not working or working less. Buying a car has an opportunity cost of not being able to save as much. Buying a house could have an opportunity cost of not being able to travel. Opportunity cost is the choice you give up when selecting something else.

Explanation:

8 0

3 years ago

Read 2 more answers

Though clearly capable, Martina does not seem very confident of herself. She is always unsure of whether she can handle assignme

Taya2010 [7]

Answer: Low self esteem.

Explanation:

Low self esteem is a low believe in oneself. An individual thinking lowly of himself, not being confident in one's ability, feeling bad about one's self.

Martina has a low believe in herself, although she has the quality to carry out a role she doesn't believe she can do it.

She is not also able to forge her path but rather wants to always be in the shadows of others.

7 0

3 years ago