A much$-$used and potent managerial tool for determining whether a company performs particular functions or activities in a manner that represents "the best practice" when both cost and effectiveness are taken into account is

$($Select $1)(2$pts$)$

Question $21-$ A much$-$used and potent managerial tool for determining whether a company performs particular functions or activities in a manner that represents "the best practice" when both cost and effectiveness are taken into account is

SWOT analysis.

competitive strength analysis.

activity$-$based costing.

resource cost mapping.

benchmarking