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GREYUIT [131]
3 years ago
13

__________is a process whereby companies compare their practices and performance measurements to those of other companies.

Business
1 answer:
creativ13 [48]3 years ago
6 0

Answer:

Benchmarking.

Explanation:

Benchmarking is a process that any company or organizations use to compare their own performance with that of other companies. This is most popular among companies belonging to the same industry. There are generally three, dimensions that are analyzed in this measurement process, they are: Quality, Time, and Cost.

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Goal-setting theory is one of the most influential management practices. there is strong evidence that setting goals:______.
klasskru [66]

Goal-setting theory is one of the most influential management practices. there is strong evidence that setting goals increase employee engagement within the workplace.

In accordance with goal-setting theory, productivity can be increased by defining explicit, quantifiable goals. One may boost employee engagement while also enhancing employee performance in the workplace by implementing the goal-setting principle.

Goals should be sufficiently difficult to maintain employees' interest and concentration while carrying out the necessary tasks to accomplish each goal. Achieving goals that are overly time-consuming or simple may demotivate you and leave you feeling less satisfied with your accomplishments.

A key element of the goal-setting theory is feedback. To make sure tasks continue on track to accomplish the objective, frequent feedback should be given throughout the goal-achieving process.

Goals ought to be divided into smaller ones. A review and updating should be carried out once each smaller goal has been accomplished.

To learn more about Goal-setting theory refer to:

brainly.com/question/27333813

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5 0
2 years ago
A person who saves money for the future by buying a whole life policy A. pays the same premium for the same amount of term cover
Karolina [17]

Answer:

B. is able to accumulate tax-free interest earnings on cash values.

Explanation: whole life insurance policy also known as permanent life insurance,is an insurance policy where people who buy the policy are deferred from paying tax,this policy ensure that you pay the same amount of premium throughout the policy,it is a policy that is not termed and it doesn't expire it can last up to 120years.

6 0
3 years ago
Bristo Corporation has sales of 1,000 units at $60 per unit. Variable expenses are 40% of the selling price. If total fixed expe
Misha Larkins [42]

Answer:

3.60

Explanation:

Given that,

Sales units = 1,000

Sales price per unit = $60

Variable expenses = 40% of the selling price

Total Fixed cost = $26,000

Contribution margin per unit:

= Selling price - Variable cost

= $60 - ($60 × 40%)

= $60 - $24

= $36

Total contribution:

= Contribution margin per unit × Sales units

= $36 × 1,000

= $36,000

Profit = Total contribution - Fixed cost

         = $36,000 - $26,000

         = $10,000

Degree of operating leverage:

= (Sales - Variable costs) ÷ (Sales - Variable costs - Fixed Expenses)

= (60,000 - 24,000) ÷ (60,000 - 24,000 - 26,000)

= 36,000 ÷ 10,000

= 3.60  

8 0
3 years ago
Which is TRUE regarding the trade-off a firm makes when it spends money on an investment project? A. The trade-off a firm faces
luda_lava [24]

Answer:

A. The trade-off a firm faces when using retained earnings or borrowed funds is the same.

Explanation:

  • A trade-off is based on the situational decisions that usually involve the loss of quality and a property that is set or designed to give a return in the other aspects.
  • As one part has to increase and the other has to decrease. The trade-off is commonly expressed as in the terms of opportunity costs which states the loss of the best alternative.
3 0
4 years ago
Using the scrum method overcomes the issues of the traditional SDLC and guarantees that a project will produce a high-quality pr
jolli1 [7]

The term scrum is borrowed from rugby, wherein it is a formation of gamers.

Scrum is a framework for undertaking management that emphasizes teamwork, duty, and iterative progress toward a properly-described goal. The framework starts with an easy premise: start with what can be visible or acknowledged. After that, tune the development and tweak, as necessary.

The term scrum turned into selected by the paper's authors because it emphasizes teamwork.

The scrum method is based on a hard and fast of very defined practices and roles that need to be worried for the duration of the software development method. it's miles a flexible methodology that rewards the software of the concepts in a context agreed upon by means of all of the crew members of the product. There may be ample proof that adherence to bendy practices and values ​​improves the power of software program specialists, teams, and corporations, but the evidence is diverse and hard to find inside the traditional SDLC.

Learn more about scrum here: brainly.com/question/27960967

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7 0
2 years ago
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