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stiv31 [10]
4 years ago
11

_____________which refers to a process that continuously identifies, understands, and adapts outstanding processes found inside

and outside an organization. Well-run organizations compare not only against competitors (where possible) but against best-in-class organizations as well.
Business
1 answer:
Luden [163]4 years ago
5 0

Answer:

Benchmarking.

Explanation:

Benchmarking refers to a process that continuously identifies, understands, and adapts outstanding processes found inside and outside an organization. Well-run organizations compare not only against competitors (where possible) but against best-in-class organizations as well.

This ultimately implies that, benchmarks are used to measure a firm's products, services, or processes performance in comparison with another business firm that are considered or assumed to be the best in that industry.

<em>Hence, many business firms use benchmarking as a tool to identify and explore opportunities lying within them (internal opportunities). </em>

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A producer is someone who m<span>akes a commodity available for sale or exchange.</span>
5 0
3 years ago
When interest rates fall a. firms want to borrow less for new plants and equipment and households want to borrow less for homebu
Marina86 [1]

Answer:

The correct answer is option b.

Explanation:

When there is a fall in the interest rate, it means the cost of borrowing will decrease. So it will become cheaper for both firms and households to borrow money.

Thus, borrowing will increase. Firms will borrow more for new plants or equipment to increase output. While households will borrow more for building homes and other such purposes.

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4 years ago
I need some help pls
katrin2010 [14]

Answer:

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Explanation:

6 0
3 years ago
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You are a manager in a perfectly competitive market. the price in your market is $14. your total cost curve is c(q) = 10 + 4q +
balu736 [363]
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4 years ago
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The way Professor Quinn choose to handle this situation illustrates the difficulty of dealing with ethics violations. Listed as
miv72 [106K]

Answer:

The correct answer is:

Establishing a code of ethics

Referring ethical dilemmas to an ethics committee

Providing support for whistleblowers

Explanation:

The ethics of the company tries to apply ethical principles in decision-making and concrete actions, and provides tools that raise the ethical level of companies.

Business ethics includes the moral principles and norms that guide behavior in the business world. In fact, there are people who think that their personal values ​​and principles have nothing to do with those presented in their work environment. This is a mistake, when an ethical person works in a company where ethics remains, this person will have a place where he can develop his full potential and his degree of loyalty will be unimaginable.

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