The Aim of Benchmarking Is to Copy or Improve on ________

question 110

Multiple Choice

The aim of benchmarking is to copy or improve on ________ either within an industry or across industries.

• A) profitability
• B) manufacturing
• C) ideation
• D) aggressiveness
• E) "best practices"

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Definitions:

Union Representation

The act of a labor union serving as the mediator and advocate for employees in negotiations and discussions with employers.

Legally

Pertaining to laws or regulations; in accordance with legal principles, rights, or standards.

Terminate Employees

The act of ending an employee's contract with the company, which can be due to various reasons including performance issues, redundancy, or misconduct.

Agency Shop

A workplace arrangement where employees, regardless of whether they are union members, must pay union fees for the collective bargaining services provided by the union.