Answer:
The term "benchmarking" as it relates to the hotel industry refers to comparing metrics for hotels of similar size or profile.
Explanation:
a) Benchmarking is a process wherein a company's products, services, business processes, or performance metrics are compared with a “best in class” competitor. The purpose of benchmarking is to enable organizations to make improvements by adapting specific best practices. A retail shop's metrics can be compared with the leading retail shop in your area. Given the deep insight gathered from benchmarking, this retail shop can decide to alter its line of products, the way it competes in the marketplace, or to undertake some improvements in her business processes.
There are four types of benchmarking, including internal, competitor, functional, and generic. Internal benchmarking is limited to internal processes. Competitor benchmarking compares one company's processes, products, or services to another. Functional benchmarking compares one function of an entity to another entity's. While generic benchmarking compares unrelated companies' processes or functions.
Answer:
Option B: will reduce
Explanation:
Immigration is simply movement from one country to another with the intention of staying. Immigrant are coming into the US yearly .
If U.S. immigration consists of mainly low-skilled workers, then an increase in immigration reduce the wages of low-skilled workers as they are too much and wages will have to fall.
U.S. citizens pay $5 billion more annually because both countries have imposed tariffs on imported goods to protect their domestic markets.
<h3>What is tariff?</h3>
A tariff simply means a tax imposed by a government of a country on imports or exports of goods.
In this case, U.S. citizens pay $3 billion more annually for shoes and Japanese citizens pay $6 billion more for rice than the actual cost of the products because both countries have imposed tariffs on imported goods to protect their domestic markets.
Learn more about tariffs on:
brainly.com/question/1076049
Try D) because budget estimate incomes
Answer:B. Enterprise resource planning
Explanation: Enterprise resource planning (ERP) is a term used to describe the various softwares that are used by Organisations to manage their operations real time and online. Enterprise resource planning software are available in different fields or firms based on the nature of operations.
Enterprise resource planning softwares have been likened to be a "back office" or a "virtual office" where the various operations such billing, inventory management,sales, manpower services are documented and followed real time using internet and Computer resources.
