1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zubka84 [21]
4 years ago
11

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

Business
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
Recession and inflation have decreased the value of your investments. This is an example of ______.a. economic risk. b. industry
Fantom [35]

Answer:

A

Explanation:

Economic risk is the risk that macroeconomic conditions would affect the value of investment .

Examples of economic risks are Recession and inflation

5 0
4 years ago
The concert promoters of a heavy-metal band, WeR2Loud, know that there are two types of concert-goers: die-hard fans and casual
Reika [66]

Answer:

B) $125,000

Explanation:

Price discrimination strategy refers to charging each customer the maximum amount of money he/she is willing to pay for a product.

In this case, the concert promoters should charge $150 per ticket to 1,000 die hard fans  = $150,000 in revenue.

Then it should charge only $50 per ticket to 500 casual fans = $25,000 in revenue.

Total revenue             = $150,000 + $25,000 = $175,000

<u>minus total costs        = ($50,000)    </u>

Net income                 = $125,000

6 0
3 years ago
Freedom Company had 450,000 shares of common stock issued as of December 31, 2020. 350,000 had been issued and outstanding as of
Stels [109]

Answer:

$3.03

Explanation:

Calculation for What should be Freedom Company's 2020 earnings per common share,

Earnings per common share =$1,160,000/ [$350,000 + ($100,000 × 4/12 )]

Earnings per common share=$1,160,000/($350,000+$33,333)

Earnings per common share=$1,160,000/$383,333

Earnings per common share= $3.03

Therefore What should be Freedom Company's 2020 earnings per common share is $3.03

5 0
3 years ago
Which of the following is true about foreign direct investment (FDI)?
Nastasia [14]

Answer:

D.

Explanation:

<em>Let's analize what is FDI. And why D is the correct answer.</em>

Foreign direct investment (FDI) is is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. So it involves ownership of foreign assets.

Now why A B and C are false.

C. Greenfield venture is a form of FDI.

B. No, it can be done by private companies. Is the most common actually.

A. The risk depends on the market, and other factors, but it can be generalized as less risky.

3 0
4 years ago
As discussed in the chapter "Why Poor Countries are poor" from Harford's book, The Undercover Economist, which of the following
atroni [7]

Answer:

The correct answer is (B)

Explanation:

The correct answer is (B)

Because, According to Mancur Olson's theory of dictatorships in poor countries, stable dictatorships cause less economic harm than unstable dictatorship

6 0
3 years ago
Other questions:
  • Which is not one of the potential advantages of​ decentralization?
    8·1 answer
  • After a series of train incidents, ns&amp;q offered employee bonuses based on safety for the first quarter of this year. this is
    7·1 answer
  • Best Foods Company is considering expanding beyond the regional market segments now served by its Hellmann's mayonnaise. One cri
    12·2 answers
  • Problem 8.20 Jenny Banks is interested in buying the stock of Fervan, Inc., which is increasing its dividends at a constant rate
    10·1 answer
  • Jim and jackie are married with three children at home and a mortgage. jim’s net pay per year is $67,000 and jackie does not hav
    7·1 answer
  • A 1 percent charge imposed by a local government on football tickets sold is not considered a tax if all proceeds are earmarked
    5·1 answer
  • The 4,000 accounts receivable of Miller Company have a total book value of $150,000. A CPA has selected and audited a sample of
    11·1 answer
  • (02.01 LC)
    12·1 answer
  • When reflecting upon the newer generation, each older generation says the same thing:
    12·1 answer
  • Being Human, Inc., recently issued new securities to finance a new TV show. The project cost $14.6 million, and the company paid
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!