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julia-pushkina [17]
2 years ago
14

The process of determining who is the​ best, who sets the​ standards, and what those standards​ are, is known as​ ________.

Business
1 answer:
Sloan [31]2 years ago
5 0

Answer:

The correct answer is B. benchmarking.

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 we want to improve and study their strategies, methods and techniques for post

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C. Banks make private​ loans; their conclusions on who is creditworthy are not made public.

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Investors in financial instruments who engage in information collection face a free-rider problem, which means other investors may be able to benefit from their information without paying for it.

Individual investors, therefore, have inadequate incentives to devote resources to gather information about borrowers who issue securities.

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Employees rarely arrive and leave exactly on the quarter hour so it would make sense to round employee arrival times to the near
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This year Nathan transferred $1 million to an irrevocable trust established for the benefit of his nephew. The trustee is direct
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