Which of the following is true of benchmarking?
A) It is an analysis in which a firm's ratio values are analyzed to project the fundamental values of the assets for upcoming years or business cycle.
B) It is an analysis in which a firm's ratio values are compared with those of a key competitor or with a group of competitors that it wishes to emulate.
C) It is an analysis in which a firm's financial performance over time is evaluated using financial ratio analysis.
D) It is a financial statement analysis technique which combines cross-sectional and time-series analyses.
B
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___________ can be very effective in delivering certain kinds of information but will not likely eliminate the need for one-on-one training for salespeople.
A. Electronic training methods B. Classroom training C. Role-playing D. On-the-job training E. Videoconferencing
Which institution can be classified as either a wholesaler or retailer?
a. off-price chain b. factory outlet c. membership club d. department store