Benchmarking Identifies ______

question 24

Multiple Choice

Benchmarking identifies ______.

• A)the best practices used by other firms
• B)governmental standards that a company must meet
• C)international standards that a company must meet
• D)industry standards that a company must meet

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Definitions:

M&A Failures

The unsuccessful outcomes or underperformance of mergers and acquisitions, often due to cultural clashes, poor integration, or flawed strategy.

Diversification

A strategy employed by businesses to enter new markets or industries, or develop new products, to reduce risks and dependence on a single income source.

Horizontal Merger

The combination of two or more companies that operate in the same industry or production stage, leading to consolidation.

Real Estate Agency

A real estate agency is a business that arranges the selling, renting, or management of properties and other buildings.