The Management of Z-Cosmetics,after Identifying Key Measurements,decided to Set Performance

Multiple Choice

The management of Z-Cosmetics,after identifying key measurements,decided to set performance targets for its business.In order to fulfill the purpose,it adopted a process which required the management to collect data from Color Cosmetics,a leading manufacturer in the industry.The managers of Z-Cosmetics believed that adopting the best practices across the industry would help them achieve their goals more effectively.Identify the process used by Z-Cosmetics to set performance targets.

A) Activity-based costing
B) Benchmarking
C) Total Quality Management
D) Budgeting