Which of the Following Does Benchmarking Focus On

question 162

Multiple Choice

Which of the following does benchmarking focus on?

• A)Identifying best metrics
• B)Analyzing best metrics
• C)Studying best processes
• D)Exceeding best processes

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Definitions:

Conditions

The set of circumstances or criteria that affect financial decisions or the outcome of investments.

Capacity

The maximum level of output that a company can sustain to produce in a given period under normal circumstances.

Collateral

An asset that a borrower offers to a lender as a security for a loan, which can be seized if the loan is not repaid.

Credit Cost Curve

Graphical representation of the sum of the carrying costs and the opportunity costs of a credit policy.