Question $12$

The industry$-$low, industry$-$averag$,$ and industry$-$high benchmarks on p$.7$ of each issue of the Footwear Industry keport

are of $7$ thest valiue to the managers o: companies whose branded cost benchmarks and operating profit berimarks are below ine industry average.

are of little value to company managers in making decisions to improve company performance in the upcoming decision round, aithough they may have interest to managers who are curious about how their company's prior$-$year outcomes coripared to the various benchmarks on p$\mathrm{.}7.$

are onty, of value to the managers of companies whose operating profits per branded pair sold in the prior$-$year were negative in one or more geographic regions.

Zate of title calue to the managers of companies whose branded cost and operating profit outcomes in the prior year were bsionet plyidustry$-$average benchmarks:

ce worth careful scrutiny by the managers of all companies because when'a company's costs or operating profits for one or mine of ine benchmarks are deemed too far out$-$of$-$line, managers should consider initiating corrective actions in the next dectisi$$n round.