The Process by Which a Company Compares Its Performance with That

question 33

Multiple Choice

The process by which a company compares its performance with that of high-performing organizations is called

• A)reference innovation.
• B)competitive change.
• C)benchmarking.
• D)continuous improvement.
• E)radical innovation.

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Definitions:

Legitimate Power

The lawful right to make a decision and expect compliance.

MBA

Stands for Master of Business Administration, a postgraduate degree focusing on business management, strategy, finance, and leadership skills.

Corporate Officer

A high-ranking executive with decision-making powers within a corporation, often appointed by the board of directors.

Political Technique

Strategies or methods used within an organizational or governmental context to gain influence, power, or to achieve specific goals.