Question: In benchmarking , a retailer compares its efficiency to those of comparable retailers evaluates its performance relative to its plans studies its customer satisfaction measure
In benchmarking a retailer compares its efficiency to those of comparable retailers evaluates its performance relative to its plans studies its customer satisfaction measure using the American Customer Satisfaction Index ACSI sets its own standards and measures its performance based on the achievements of its sector of retailing specific competitors high performance firms and or the prior actions of the company itself
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