Which of the Following Is Reflected in Benchmarking Practices

question 29

Multiple Choice

Which of the following is reflected in benchmarking practices?

• A)Undergoing a slow pace of organizational process change
• B)Depleting organizational energy due to change in organizational practices
• C)Learning from experiences and best practices of others
• D)Avoiding change in routine practices and processes within an organization

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Definitions:

Rate of Interest

The percentage charged on a loan or paid on savings over a period of time, indicating the cost of borrowing or the gain on savings.

Invested

Refers to funds that have been allocated into assets or projects with the expectation of earning a return.

Worth

The total value of all financial and non-financial assets owned by an individual or business minus any liabilities.