Benchmarking Can Be Defined as the Practice Of

question 34

Multiple Choice

Benchmarking can be defined as the practice of:

• A) monitoring activities related to the design, creation, and delivery of a product, its marketing, and its support and after-sales service.
• B) developing products that are new to the world or have superior attributes to existing products in the market.
• C) measuring the time that it takes for a good to be delivered or a service to be performed.
• D) measuring a company against the products, practices, and services of some of its most efficient global competitors.
• E) analyzing the financial position of a company and creating the income statements and the balance sheets.

---

Definitions:

One-way Mirror

A piece of glass that is a mirror on one side but can be seen through like a window from the other, often used in psychological research or police lineups.

Positively Correlated

A relationship between two variables where an increase in one variable is associated with an increase in the other.

Average Daily Temperature

The mean temperature calculated by averaging the highest and lowest temperatures recorded in a 24-hour period.

Computer Games

Electronic games played using a personal computer or gaming console, involving interaction with user interface or input device for visual feedback.