The Process of Measuring One's Own Services and Practices Against

question 55

Multiple Choice

The process of measuring one's own services and practices against the recognized leaders in order to identify areas for improvement is ____.

• A) industry analysis
• B) trend analysis
• C) benchmarking
• D) environmental analysis

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Definitions:

Smallest Term

Smallest Term generally refers to the term in a mathematical expression or sequence with the smallest numerical value.

Ratio

A numerical relationship indicating the number of times one value is contained within or contains the other.

Equivalent Ratio

Ratios that represent the same relationship between two or more quantities, even if their numerals are different.

Smallest Term

The term with the least duration or the smallest numerical value in a series or equation.