Benchmarking Allows a Company to

question 43

Multiple Choice

Benchmarking allows a company to

• A)identify its strengths and weaknesses.
• B)imitate those ideas that are readily transferable.
• C)improve on methods in use by others.
• D)all of the above.

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Definitions:

Restraining Forces

Factors that resist or oppose change, making it difficult to implement new strategies or processes in an organization.

Driving Forces

Refer to factors or elements that push towards the initiation and implementation of change within an organization or system, aiming to achieve a desired outcome.

Change Process

A sequence of steps or activities that an organization goes through to effect change.

Old Routines

Established habits or ways of doing things that are often resistant to change.