Benchmarking Processes Is Less Common Than Benchmarking Performance Metrics

question 26

True/False

Benchmarking processes is less common than benchmarking performance metrics.

---

Definitions:

Subagent

An agent appointed by another agent with the principal's approval, to perform tasks or duties related to the principal's assignment.

Authorization

The formal permission granted by a competent authority to carry out a specific action or process.

Principal

The amount of money originally invested or loaned, on which basis interest and returns are calculated.

Agent's Contract

A legal agreement that specifies the rights and obligations of an agent acting on behalf of another party, the principal.