Which of the Following Statements Reflects the Use of Benchmarking

question 147

Multiple Choice

Which of the following statements reflects the use of benchmarking in a performance evaluation system?

• A) A company uses internal controls to prevent theft and wastage.
• B) A company initiates innovative production technology.
• C) A company compares its performance metrics with other companies in its industry.
• D) A company attracts top talent from other companies using stock options and other financial rewards.

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Definitions:

3-D Pie

A graphical representation of data in the form of a three-dimensional pie chart, which divides a whole into slices to illustrate numerical proportion or percentage.

Explode Slices

Refers to the action of pulling or separating a piece or parts away from a pie chart in data visualization, enhancing focus or emphasis.

PivotTable

A data summarization tool used in spreadsheets to rearrange, group, and summarize data for easier analysis.

Worksheet Data

Information and numerical data organized on a worksheet within a spreadsheet application for analysis and calculation purposes.