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The Continuous Process of Measuring the Standards Set by an Organisation's

question 56

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The continuous process of measuring the standards set by an organisation's most effective and efficient competitors is known as:


Definitions:

Rejection

The refusal to accept or agree to something, such as a proposal, offer, or contract.

Acceptance

In contract law, acceptance refers to the agreement by the party to whom an offer has been made, to the terms of that offer, resulting in a binding contract.

Art Collector

An individual or institution that acquires and possesses artworks for personal enjoyment, investment, or preservation.

Phonetic Alphabet

A system of writing developed by early Greeks that uses letters to represent spoken sounds, enabling the expression of complex ideas.

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