Benchmarking Involves

question 4

Multiple Choice

Benchmarking involves

• A)comparing how different companies perform various value chain activities and then making cross-company comparisons of the costs and effectiveness of these activities.
• B)checking whether a company has achieved more of its financial and strategic objectives over the past five years relative to its direct competitors.
• C)studying whether a company's resource strengths are more/less powerful than the resource strengths of rival companies.
• D)studying how a company's competitive capabilities stack up against the competitive capabilities of selected companies known to have world-class competitive capabilities.
• E)comparing the best practices in one industry against the best practices in another industry.

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Definitions:

Nineteenth Century

The period from January 1, 1801, to December 31, 1900, characterized by significant industrial, cultural, and political changes worldwide.

Fourteenth Amendment

An amendment to the U.S. Constitution, adopted in 1868, that granted citizenship to all persons born or naturalized in the United States, including former slaves, and provided equal protection under the laws.

Literacy Requirements

Mandates or conditions set by authorities requiring individuals to demonstrate a certain level of reading and writing proficiency, often for voting or employment purposes.

United States V. Wong Kim Ark

A landmark Supreme Court case in 1898 that established that children born in the United States to foreign parents are citizens under the 14th Amendment.