__________ Is the Process of Comparing an Organization's Products or Services

question 118

Multiple Choice

__________ is the process of comparing an organization's products or services and processes with those of other companies.

• A) Scanning the environment
• B) SWOT analysis
• C) Strategic planning
• D) Benchmarking

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Definitions:

Repetitive Basis

A method or process that is regularly repeated in a consistent manner over time, often used to describe routine transactions or operations.

Deferred Charge

An expenditure paid for in one accounting period but reported as an asset because it will provide benefits in future periods.

Sales Tax

A tax imposed by governments on the sale of goods and services, collected by the retailer at the point of sale.

Plant Asset

Long-lived tangible assets used in the production of goods and services, such as machinery, buildings, and equipment.