Benchmarking

question 77

Multiple Choice

Benchmarking:

• A)is a cost-benefit tool for justifying investment.
• B)is a process improvement technique for assigning workers to the correct workstations.
• C)is a form of process variance reduction.
• D)uses information from industry leaders to set stretch goals.

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Definitions:

Excess Cash

This refers to the amount of money a company holds that is beyond what is required for its operational needs and potential investments.

Shares Outstanding

Represents the total number of shares of a corporation that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares.

Owners' Equity

The residual interest in the assets of a company after deducting its liabilities.

Market Price

The current price at which an asset or service can be bought or sold in a marketplace, determined by supply and demand forces.