__________ Occurs When a Company Compares Its Current Performance Against

question 41

Short Answer

__________ occurs when a company compares its current performance against its own past performance, while _________ occurs when a company compares its current performance against the performance of its competitors.
Internal productivity; external productivity
Internal benchmarking; external benchmarking
Internal benchmarking; getting close to the customer
Statistical process control; external productivity
Internal quality/cost study; external quality/cost study

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Definitions:

Portfolios

A collection of different types of investments (such as stocks, bonds, commodities, etc.) that an individual or institution holds.

Unsystematic Risk

The risk associated with a specific company or industry, which can be mitigated through diversification.

Diversification

A risk management strategy that mixes a wide variety of investments within a portfolio to reduce exposure to any single asset or risk.

Weights

In finance, it often refers to the ratios or percentages assigned to different components of a portfolio or an index, indicating their relative importance.