Which of the Following Is NOT One of the Steps

question 25

Multiple Choice

Which of the following is NOT one of the steps followed in the benchmarking process?

• A) Develop tactical programs for closing performance gaps.
• B) Implement tactical programs, measure the results, and compare the results with those of the best-in-class company.
• C) Implement activity-based costing.
• D) Identify the area or process to be examined.
• E) Calculate the differences among the company's performance measurements and those of the best-in-class company.

---

Definitions:

Bananas

A curved, yellow fruit with a soft, sweet flesh, rich in potassium and commonly consumed worldwide.

Opportunity Cost

The lost benefits of the next best alternative when one alternative is chosen over another.

Price

The amount of funds expected, essential, or submitted in reimbursement for something.

Apples

A type of fruit that is grown on apple trees, known for its sweet taste and nutritional benefits, often consumed fresh or used in various dishes.