Multiple Choice
Benchmarking occurs when a firm:
A) compares its performance with its previous performance.
B) sets up strategic plans for the future based on its current performance.
C) advises other firms on organization,based on its success.
D) compares the strategies of other firms in the industry to derive its strategy.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: For benchmarking,the architecture of other firms should
Q11: Which of the following is not an
Q12: A significant feature of the price system
Q13: Competitive markets usually promote the efficient use
Q14: FedEx employees use the motto "Absolutely,Positively" to
Q16: How is the architecture within firms usually
Q17: W.Edwards Deming,the quality expert,has hinted that incentive
Q18: A household-products manufacturing firm was required to
Q19: One of the mechanisms to replace poor
Q20: Describe the three aspects of organizational architecture