Obtaining Cost Information Is a Primary Difficulty Associated with Benchmarking

question 145

Multiple Choice

Obtaining cost information is a primary difficulty associated with benchmarking.The following are typical sources for collecting information,except:

• A) from published reports,industry research firms,and trade groups.
• B) from talking to knowledgeable industry leaders.
• C) from field trips to the facilities of competitors or non-competing firms.
• D) from independent firms and consulting firms to gather best practices and comparative cost data without identifying competing firms.
• E) All of these.

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Definitions:

Dividend Amount

The sum of money paid regularly by a company to its shareholders out of its profits (or reserves).

Preferred Stock

A type of stock that provides dividends before any dividends are provided to common stockholders, often with fixed rates.

Par Value

The face value of a bond or stock, as specified by the issuing company, which does not necessarily reflect its market value.

Legal Capital

The minimum amount of capital that a company is required to maintain for the protection of its creditors.