Which of the Following Is the Process of Measuring Your

question 114

Multiple Choice

Which of the following is the process of measuring your organizational process against the best in the industry?

• A) Outsourcing
• B) Continuous improvement
• C) Environmental analysis
• D) Benchmarking
• E) Competitive measurement

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Definitions:

Net Exports

A country's economic output's net impact from international trade, calculated as the difference between its total exports and total imports.

Net Exports

The value of a country's total exports minus its total imports, indicating whether a country is in a trade surplus or deficit.

Imports

Goods and services brought into a country from abroad for sale.

Exports

Goods and services produced in one country and sold to buyers in another, contributing to a country's GDP.