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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