Performance analysis is used to help managers mitigate business risks and take advantage of business opportunities. Developing
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Question:
Instructions
Find an article about a company that has used industry benchmarking to make strategic changes in their own planning. Look for a different retailer (not your own) or other business success story of best practices that has used benchmarking to develop their competitive advantage.
1.Describe how the use of industry standards impacts the goal setting process.
2.Are there other types of information that would be helpful when setting performance goals?
3.What is the importance of industry benchmarking?
Include a reference and link to your article in your post.
Related Book For
Principles of Information Systems
ISBN: 978-1305971776
13th edition
Authors: Ralph Stair, George Reynolds
Posted Date: