When benchmarking,

a. the best levels of performance are usually found in companies that are within different industries.
b. finding appropriate benchmarks is a minor issue.
c. comparisons can highlight areas for better future cost management.
d. both (a) and (c) are true.

Answer: c. comparisons can highlight areas for better future cost management.

Business

You might also like to view...

A marketing audit is an orderly examination of the organization's macro- and micromarketing environments, marketing objectives and strategies, marketing systems, and specific activities

Indicate whether the statement is true or false

Business

The Internet is full of investment information, and all of it is stringently regulated so you can be sure of its reliability

Indicate whether this statement is true or false.

Business