Which Term Compares an Organization's Processes with the Best Practices

question 12

Multiple Choice

Which term compares an organization's processes with the best practices to be found in its industry or others?

• A)Value analysis
• B)Performance
• C)Value proposition
• D)Bias
• E)Benchmark

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Definitions:

Punitive Damages

Financial compensation awarded by a court to the plaintiff, over and above the actual damages, to punish the defendant for egregious conduct.

Occupational Safety

Policies, procedures, and practices designed to protect employees from health and safety hazards at work.

Legal Environment

The framework of laws, regulations, and judicial decisions that govern the operations of businesses and affect their decision-making processes.