Which of the following is not one of the objectives of benchmarking? O To develop cross-company...
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Which of the following is not one of the objectives of benchmarking? O To develop cross-company comparisons of the costs of performing specific value chain activities To identify the best means of performing an activity that is being benchmarked To take action to emulate the "best practice" of another company whenever benchmarking reveals that the company's own costs and results of performing an activity are not on a par with what one or more other companies have achieved To learn which company in an industry is using the greatest number of best practices in performing its value chain activities and thus very likely has the industry's lowest cost value chain O To learn how other companies have actually achieved lower costs or better results in performing benchmarked activities Which of the following is not one of the objectives of benchmarking? O To develop cross-company comparisons of the costs of performing specific value chain activities To identify the best means of performing an activity that is being benchmarked To take action to emulate the "best practice" of another company whenever benchmarking reveals that the company's own costs and results of performing an activity are not on a par with what one or more other companies have achieved To learn which company in an industry is using the greatest number of best practices in performing its value chain activities and thus very likely has the industry's lowest cost value chain O To learn how other companies have actually achieved lower costs or better results in performing benchmarked activities
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Option c is correct To study which company in an industry use th... View the full answer
Related Book For
Accounting For Governmental And Nonprofit Entities
ISBN: 9781260118858
19th Edition
Authors: Jacqueline Reck, Suzanne Lowensohn, Daniel Neely
Posted Date:
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