Answer:
Letter A is correct. <u>Comparing how different companies perform various value chain activities and then making cross-company comparisons of the costs of these activities.</u>
Explanation:
The most suitable alternative to this question is letter A, because the definition Benchmarking can be defined <u>as the process and search for in-depth knowledge about your competitors and the way they carry out their activities. </u>
It consists of investigating competitors in order to compare operations, products and services between a company and its main competitors. Through the research of competitors it is possible to better understand the market and adapt the best practices to be successful, in addition to achieving continuous improvement of processes, in addition to reducing errors and costs through the analysis and knowledge of the actions of competing companies.
Depreciation is a systematic write-off of the cost of a tangible asset that is listed on the income statement.
Credit card terms require you to pay at least the minimum payment by the date pointed out every month. This payment is the lowest amount you can pay on your credit card to avoid penalties. Minimum payments are usually a percentage of your outstanding balance.
Hope this helps.
Answer: C. The loss of profit from delayed opening.
Explanation: Tile and Grout failed to execute the job they were contracted and caused water world to delay opening. In business Tile and Grout company will be held liable for failure to execute contract.
Water world can recover the loss of profit from delayed opening due to the failure in the part of Tile and Grout company.
