When Using Benchmarking

question 76

Multiple Choice

When using benchmarking

• A) HR managers are able to identify the reasons why HR functions are below standard.
• B) the resulting statistics are comparable across organizations and industries.
• C) it is best to compare ratios from year to year.
• D) it is best to collect the data on an as-needed basis rather than on a rigid time schedule.

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Definitions:

Nonaggression Treaty

An agreement between two or more nations not to attack each other, often part of broader peace initiatives.

Military Aid

Assistance provided by one country to another in the form of defense equipment, training, or other support services for military purposes.

Commercial Activities

Business operations and transactions involving the exchange of goods and services with the objective of earning profit.

High Tariffs

Government-imposed taxes on imported or exported goods intended to protect domestic industries, but can lead to international trade disputes.