Which of the Following Is NOT True of Benchmarking

question 110

Multiple Choice

Which of the following is NOT true of benchmarking?

• A) It is used to compare companies of different sizes.
• B) It uses vertical analysis as its primary methodology.
• C) It is used to compare a company against its competitors.
• D) It is used to compare a company's results against industry averages.

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Definitions:

Managerial Policies

Guidelines, rules, and procedures set by management to govern actions and decision-making within an organization, aiming to achieve its objectives efficiently.

Whistleblowing

The act of exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization by someone who is a part of that organization.

Leadership

The ability to influence others to work toward the goals of an organization.

Moral Responsibility

The obligation to act rightfully and ethically when making decisions that affect others.