Answer:
The correct answer is Formal Benchmarking.
Explanation:
The English term "benchmark" comes from the words "bench" (bench, table) and "mark" (brand, sign). In the original meaning of English, the word compound could however be translated as a measure of quality. In other words, benchmarking is a way to determine how well a company performs, compared to others.
In order to be more competitive at present, it is necessary to use benchmarking since it provides strategies that allow identifying the best keys to the company's success, so that by implementing them the organization can be a leading and competitive company in a changing market and global in which business organizations currently have to see each other.
The majority of authors relate benchmarking with competitiveness and business improvement, being "the company" its natural scope. However, the potential benefits of its use make it considered in other areas, such as "public organizations", and at other levels, "sectoral" and "environment" (regional, national and international). This complicates the definition of the concept, since it is a tool that has multiple application possibilities, pursues different objectives in each case, and uses its own methodology in each area.
Answer: Inquiry
Explanation:
According to the given question, by using the procedure of the business process for making the various types of decisions and the Trevor should perform the inquiry process for determining the ethical and some legal issues.
The inquiry is one of the type of approach that is helps in developing the problem solving ability and also the information processing.
It is the process that has ability for resolving various types of problems or ussies by implementing a compliance policies.
Therefore, Inquiry is the correct answer.
It is difficult to compare relative job growth for different-sized
businesses because it is hard to determine the cutoff point at which a small
business becomes a large business. It is not easy to know the comparative job development
amongst businesses of different sizes. There are not the same parameters leading
the size of a small business versus a big business. Moreover, there is no defined
point where such a variation can be clearly identified.
