Which of the Following Is the Last Step in Conducting

question 46

Multiple Choice

Which of the following is the last step in conducting a benchmark analysis?

• A) collect data on performance and practices
• B) select product, service or process for the analysis
• C) adapt and implement best practices, setting reasonable goals and ensuring company- wide acceptance
• D) choose companies or internal areas for the analysis
• E) analyse and evaluate data and identify opportunities for improvement

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Definitions:

Consistent System

A system where all parts work together without contradiction, ensuring stability and predictability in its operations.

Preferences

Individual likes or choices that guide behavior and decision-making, often influenced by personal experiences, cultural factors, and biological predispositions.

Nonprogrammed Decision

Decisions made in response to situations that are unique, poorly defined, and largely unstructured.

Standard Operating Procedure

A set of written instructions that document a routine or repetitive activity followed by an organization.