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Schwinn studies its most successful retailer in depth in order to determine some better ideas for displaying bicycles in its retail stores.As such,the company is engaging in ____.
Standards
Performance goals, often relating to how much a product should cost.
Bonuses
Additional financial rewards given to employees as an incentive or reward for their performance.
Standard Costs
Predetermined costs serving as a benchmark for evaluating the actual cost performance of operations.
Measuring Efficiency
The process of evaluating the performance of a system, organization, or component by comparing its output with its input.
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