Question: Based on the industry-low, industry-average, and industry-high values for the benchmarking data on pp. 6-7 of each issue of the FIR, which one of the
Based on the industry-low, industry-average, and industry-high values for the benchmarking data on pp. 6-7 of each issue of the FIR, which one of the following is the most valid signal that one or more elements of a company's costs are too high relative to those of rival companies?
The company's operating profit per branded pair sold is $0.50 above the industry-average benchmark in the Asia-Pacific region
The company's worker productivity is about 350 pairs/worker/year below the industry-average in the Asia-Pacific region
The company's total compensation package for production workers is about $2,000 above the industry-average benchmark in those geographic regions where the company has production operations
The company's marketing expenses per branded pair sold are above the industry-average in the Latin America region
The company's distribution and warehouse expenses per branded pair sold in North America are only $1.20 below the industry-average benchmark
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