Benchmarking Is an Assessment as to Whether a Firm Has

question 29

True/False

Benchmarking is an assessment as to whether a firm has resources and capabilities to perform a particular activity in a manner superior to competitors.

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Definitions:

Clairvoyance

The alleged psychic ability to gain information about an object, person, location, or physical event through means other than the known human senses.

Telepathy

The supposed communication of thoughts or ideas by means other than the known senses.

Difference Thresholds

The minimum difference in stimulation that a person can detect 50 percent of the time, also known as the just noticeable difference (JND).

Absolute Thresholds

The minimum stimulus intensity required to be perceptible to the senses.