Multiple Choice
_____ is the continuous measuring of products, services, processes, activities, and practices against a firm's best competitors or those companies recognized as industry or functional leaders.
A) Benchmarking
B) TCO
C) TQM
D) Effectiveness
E) Efficiency
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: Which of the following is not one
Q7: A/An _ is the amount of time
Q8: A/An _ demonstrates the impact of purchasing
Q9: Supply managers should emphasize purchasing efficiency over
Q10: Measurement fails to motivate and direct behavior
Q12: The original premise of the balanced scorecard
Q13: A/An _ is one that personnel cannot
Q14: All of the following are examples of
Q15: Purchasing and supply chain managers often use
Q16: _ refers to the relationship between planned