The process of identifying other organizations that are best at some facet of your operations, analyzing your performance versus theirs in order to establish a standard against which to judge performance, and identifying a model for learning how to improve is known as: a. copycatting. b. continuous improvement. c. industrial espionage. d. employee empowerment. e. benchmarking.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The process of identifying other organizations that are best at some facet of your operations, analyzing your performance versus theirs in ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What is global economy
Answers (1)
Given an anticipated inflation premium of 1.25% and a real rate of interest of 3.75%, what is the nominal interest rate? Round your answer to 4 decimal places. Group of answer choices
Answers (1)
If the demand for money is low and the amount of money in the money supply is decreasing, which of the following is correct? A. Interest rates are low. B. Interest rates are high. C. The discount rate is higher than the interest rate. D.
Answers (1)
To conduct a preelection opinion poll on a proposed amendment to the state constitution, a random sample of 10 telephone prefixes (first three digits of the phone number) was selected, and all households from the phone prefixes selected were called.
Answers (1)
If the unit price of a product is p and buyers buy a given quantity q, then sellers would collect total revenues equal to
Answers (1)
New Questions in Business
Jenny sells lemonade in front of her house in the summer. Several other kids in Jenny's neighborhood also run lemonade stands in the summer.
Answers (1)
If a firm sells on terms of 2/10 net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day credit period tells us that the credit department is functioning efficiently and there are no past-due accounts.
Answers (1)
ranfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $42,000. The division sales for the year were $960,000 and the variable costs were $475,000.
Answers (2)
Durable Goods are goods that last for at least one month when used regularly. Question 20 options: True False
Answers (2)
A bond is aa. financial intermediary. b. certificate of indebtedness. c. certificate of partial ownership in an enterprise. d. None of the above is correct.
Answers (1)