The procedure in which an organization compares its own practices against those of successful competitors is known as:

A. redlining.
B. poaching.
C. benchmarking.
D. profiling.
E. delayering.

Answer: C. benchmarking.

Business

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In the course of a sale, the seller told the buyer there was an easement to the prop- erty over other land the seller owned. The seller may NOT deny the easement, because of

A. prescriptive use. B. estoppel. C. the statute of frauds. D. necessity.

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In capital budgeting analysis, when computing the weighted average cost of capital, the CAPM

approach is typically used to find which of the following? A) pretax component cost of debt B) after-tax component cost of debt C) market value weight of equity D) component cost of internal equity

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