1. What is benchmarking and how can it be used to support continuous improvement efforts and an organization’s ability to achieve optimum performance?

2. What is the PDSA cycle and how is it used to support continuous improvement?

3. Given scarce resources and competing demands, how do businesses prioritize areas for improvement?

4. Explain the differences between domestic banks and international banks.

5. How do U.S. companies use international banks?

Answer rating: 100% (QA)

1 A general definition of benchmarking is a subsequent process of measuring and enhancing business processes against the firms that can be recognized as the best internationally Benchmarking is a viab... View the full answer