The Practice of Examining Best Practices Used in Successful Organizations

question 9

Multiple Choice

The practice of examining best practices used in successful organizations is sometimes called ________.

• A) exploitation
• B) systems dynamics
• C) benchmarking
• D) diffusion of knowledge

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Definitions:

Subsidies

Financial support extended by the government to an economic sector, business, or individual, aimed at promoting beneficial activities or reducing costs.

Indirect Benefits

Advantages or gains that occur as a secondary effect of an action, activity, or policy, often not immediately apparent.

State-Supported Company

A business that receives special advantages, funding, or backing from the government.

Indirect Benefits

Advantages or gains not directly attributed to a particular action or investment but occurring as a secondary effect.