1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bija089 [108]
3 years ago
12

Benchmarking is the process of comparing other organizations’ activities against the practices used in one’s own organization to

produce results it would like to duplicate. _________________________
Business
1 answer:
mina [271]3 years ago
8 0

Answer:

The correct answer is True.

Explanation:

Benchmarking is a continuous process by which the products, services or work processes of leading companies are taken as a reference, to compare them with those of your own company and then make improvements and implement them.

It is not about copying what your competition is doing, but learning what leaders are doing to implement it in your company by adding improvements. If we take as a reference those who stand out in the area that we want to improve and study their strategies, methods and techniques to subsequently improve and adapt them to our company, we will achieve a high level of competitiveness.

You might be interested in
How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competiti
Marysya12 [62]
<span>In a monopoly, prices are usually higher
 because there's no competition,
 whereas in a competitive market items which  are not priced orderly may never sell
so correct option is A 
hope it helps

</span>
6 0
4 years ago
Read 2 more answers
The reason Lin has been so successful in expanding her small auto body shop into a very profitable business with three locations
stealth61 [152]

Answer:

A. Machine

Explanation:

There are various categorisations of entrepreneurs based on their characters, abilities and strategies among others. However,the founder institute developed a new categorisation for entrepreneurs by testing about 30,000 entrepreneurs including known names like Steve Jobs and Elon Musk and categorising them based on their priorities and qualities into the following: Hustler, Prodigy, Visionary, Innovator, Strategist and Machine.

Machine Category: This represents entrepreneurs who maintain a high level of focus getting things done. They simply focus on the task ahead of them and get them done. They are very concerned about efficiency and effective delivery of their tasks. Lin simply became very good at what she was doing by being dedicated to the tasks ahead of her.

Other Categories

Hustlers- they can sell anything and get into the promotion and sales of all manner of products and services

Prodigy - The excel in business with innate business instinct and sense, their strong intellects and social skills ensures their success

Visionary - Combines innovation with enthusiasm and is capable of carrying the masses along in these innovations as a result of the energy committed

Innovator- Always looking forward to improving on old ideas and find new ways of doing things. They are challenged by change

Strategist- Always looking at how to achieve long term goals, very tactical and calculating.

8 0
3 years ago
What aspect of project management was omitted from the PMI definition that is included in the definition proposed by Meredith an
Illusion [34]

Answer:

Fulfilling client expectations

Explanation:

Fulfilling client's expectations is one of the potent ways an organization can achieve its long term corporate objective. If I were on the PMI decision making body, I would not have outrightly voted for its inclusion. What I will do, however, is to:

1. fully gain an understanding of best practices and procedures that could be applied to achieve the client's expectations.

2. Prototype such procedures, practices and processes and assess its impact on the long term corporate objective.

3. The results from the foregoing will inform my decision.

6 0
4 years ago
Can someone make a ggle account for me please
pshichka [43]

Answer:

sure thing

Explanation:

its all set up for you. here is your username and password. I dont have access to your account just to let you know

username: fun05934

Password:funnyguy67

5 0
3 years ago
Your company has completed an audience analysis for the manual you are writing for users of a new accounting system. The manual
tresset_1 [31]

Answer:

A

Explanation:

For an accounting manual, if your audience has different background of education then you need to keep different section for different audience. The thing is, if you write it for highest level then bookkeepers will have difficulty in understanding it. If you write for lower level, then it will be useless for higher level of audience.

So the manual should include different section for different audience.  

7 0
3 years ago
Read 2 more answers
Other questions:
  • Vulcan Company’s contribution format income statement for June is given below: Vulcan CompanyIncome StatementFor the Month Ended
    9·1 answer
  • The amount of the check is written in how many places?
    14·2 answers
  • Your favorite photo can now be printed on your favorite credit card. You can design your own dresses online and have them sent t
    14·1 answer
  • Briefly explain the field of money management.
    12·1 answer
  • Isis and Kelsey are forming a partnership. Isis will invest a piece of equipment with a book value of $7,500 and a fair market v
    12·2 answers
  • Fresnas Inc. is a company that manufactures bottles . Initially, the employees were divided into two teams to make it easier for
    7·1 answer
  • Ronald is 92 years old and in poor health. Clever investing earlier in his life has left him with a sizeable income. He is able
    5·1 answer
  • What is the effective annual rate​ (EAR) of a mortgage that is advertised at 8.5​% ​(APR) over the next twenty years and paid wi
    8·1 answer
  • The inventory turnover ratio and days sales outstanding (DSO) are two ratios that can be used to assess how effectively the firm
    14·1 answer
  • An example of _____ is causing panic selling by telling people that value in a neighborhood will decline due to the purchase of
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!