_____ Refers to the Process of Comparing an Organization's Practices

question 102

Multiple Choice

_____ refers to the process of comparing an organization's practices and technologies with those of other companies.

• A) Scenario planning
• B) Forecasting
• C) Benchmarking
• D) Environmental scanning
• E) Strategic maneuvering

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Definitions:

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior and maintain order in a society.

Class Mobility

The ability for individuals or families to move between social classes, typically involving economic, educational, or occupational changes.

Conflict Theorists

Conflict theorists are sociologists who argue that social conflict, stemming from inequalities in power and resources, is the driving force behind social change and development.

Capitalist Market

An economic system where trade, industries, and the means of production are largely or entirely owned and operated by private individuals or corporations, driven by profit.