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densk [106]
3 years ago
9

The search for and utilization of the best methods used by competitors and non-competitors that lead to superior performance is

called ________.
Business
1 answer:
eimsori [14]3 years ago
7 0

Answer:

Bench-marking

Explanation:

Benchmarking is the process that works for comparing the products, services, etc by the other companies who are dealing with the same type of business that refers to the best in the industry or performing superior performance.

It could be done either by the cost, quality, time, quantity, etc

The aim of doing this process is to gain the competitive advantage so that they get to know their strength, weakness, opportunities, and threats

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Do you agree with the following statement: AVC and MC intersect at the minimum of marginal cost. a. Yes, since an upward sloping
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Answer: c. No, since the MC and AVC curve intersect at the minimum of AVC

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Answer:

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Explanation:

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Future economic trends are not influenced by economic theories. True or false?
nikklg [1K]
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Victoria's Closet, a manufacturer of bohemian-style clothing and accessories, sells its products through its online Web site, a
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