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What Do You Think Are the Benefits of Benchmarking? Provide

question 47

Essay

What do you think are the benefits of benchmarking? Provide examples of benchmarking practices.


Definitions:

Shareholders

Individuals or entities that own one or more shares of stock in a public or private corporation, giving them partial ownership and usually voting rights.

Agency Theory

A theory explaining the relationship between principals, such as shareholders, and agents, such as company executives, and how to best align the interests of both parties.

Owners

The individuals or entities that legally possess an asset or property.

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