Benchmarking Is the Comparison of a Company's Current Year Results

question 30

True/False

Benchmarking is the comparison of a company's current year results with an earlier year's performance.

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Definitions:

Behavioral Sciences

Academic disciplines, such as psychology and sociology, that study human behavior through observation and analysis.

Organizational Behavior

The study of how people interact within groups, particularly in a workplace setting.

Intangible Resources

non-physical assets such as brand reputation, trademarks, intellectual property, and skills that a company uses to gain a competitive advantage.

Strategic Organizational Behavior

The study and application of knowledge about how people, individuals, and groups act within organizations to improve effectiveness and achieve goals.