When Different Units That Perform the Same Types of Activities

question 85

Multiple Choice

When different units that perform the same types of activities within the same organization are compared to the unit with the best performance, this practice is called

• A)variance benchmarking.
• B)competitive benchmarking.
• C)external benchmarking.
• D)internal benchmarking.

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Definitions:

Constant

A value that does not change and remains the same in mathematical equations, experiments, and various scientific contexts.

Regression

A statistical technique employed to identify the intensity and nature of the connection between a single dependent variable and one or more independent variables.

Scatterplot

A graphical representation that displays the relationship between two quantitative variables by using dots.

Correlation

A statistical measure that describes the extent to which two variables change together, indicating the strength and direction of their relationship.