Question: In theory, benchmarking financial data is an important decision-making tool not only for investors and creditors, but for firm management. In practice, however, many companies

In theory, benchmarking financial data is an important decision-making tool not only for investors and creditors, but for firm management. In practice, however, many companies dont use this tool to make such decisions. Using your own work experience as a guide, discuss whether your current firm (or a firm where you previously worked) used benchmarking. If so, how was it used? If not, why not

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