Which Statement Concerning Benchmarking Is Not Correct

question 60

Multiple Choice

Which statement concerning benchmarking is not correct?

• A) Benchmarking data is available from government, trade magazines, and other sources.
• B) A retailer should seek to benchmark its performance against high-performance firms regardless of industry.
• C) Benchmarking is only suitable for large retailers.
• D) Retailers can benchmark their performance against retailers and nonretailers.

---

Definitions:

Policy Developer

A role or profession involving the creation and implementation of guidelines, principles, or rules within an organization or society.

Planner

An individual or tool that organizes tasks, schedules, or events to achieve efficiency and meet objectives.

Past Relationships

Previous romantic, familial, or platonic connections that can influence an individual's behavior and emotional health.

Influenced

Being affected or changed in behavior, attitude, or beliefs due to the presence or actions of external forces or individuals.