The Process of Comparing One Company's Performance on Specific Dimensions

question 66

True/False

The process of comparing one company's performance on specific dimensions with the performance of other high-performing organizations is called benchmarking.

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Definitions:

Catastrophic

Involving or causing sudden great damage or suffering, typically on a large scale or involving a natural disaster.

Drought

Drought is a prolonged period of abnormally low rainfall, leading to a shortage of water that adversely affects crops, animals, and human populations.

Earthquakes

Natural seismic events resulting from the sudden release of energy in the Earth's crust, leading to ground shaking and sometimes causing significant damage and loss of life.

Secondary Succession

The ecological recovery process that occurs in an environment after a disturbance that didn't remove the soil.