Intangible Assets Include

question 85

Multiple Choice

Intangible assets include

• A) Real estate.
• B) Production facilities.
• C) Patents.
• D) Raw materials.
• E) Inventory.

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Definitions:

External Benchmarking

The process of comparing a company's performance or processes against those of other companies, typically industry leaders, outside the organization.

Industry Benchmarking

A process of comparing business processes and performance metrics to industry bests or best practices from other industries to improve performance.

Process Benchmarking

The method of evaluating business operations and performance indicators against the highest industry standards or the most effective practices of other organizations.

Internal Benchmarking

The process of comparing business processes and performance metrics to industry bests and best practices from within the same organization.