Which of the Following Is FALSE

question 89

Multiple Choice

Which of the following is FALSE?

• A)Benchmarking involves identifying one or more organizations that excel at carrying out some function and using their practices as a source of ideas for improvement.
• B)Organizations can carry out benchmarking by reading about other organizations or by visiting or calling them.
• C)Benchmarking is more useful for learning about new products than existing products.
• D)The process of benchmarking varies according to the information needs of the organization and the resources available.
• E)Benchmarking is an example of the use of selected cases to develop insights into a phenomenon.

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Definitions:

Future Obligation

Commitments or responsibilities that are anticipated or required to be fulfilled in the future.

Materialistic Ideals

The belief that material wealth and physical possessions are the primary indicators of success or happiness.

Industrial Revolution

A period of major industrialization from the late 18th to early 19th century that transformed agriculture-based societies into industrialized ones.

Large Corporations

Very big companies or enterprises that operate in multiple markets, often globally, and have substantial revenues and assets.