Which of the Following Is NOT a Good Way to Improve

question 109

Multiple Choice

Which of the following is NOT a good way to improve process benchmarking?

• A)Carefully define the process to be investigated by comparing current operations with best practices either inside or outside the firm.
• B)Organize a systematic effort by developing a plan,identifying who will be studied,who will conduct the study,where it will be done,and how it will be conducted.
• C)Determine who in your organization will infiltrate competitor firms.
• D)After conducting a comparison between your current practices and best practices,prioritize the findings by ease of implementation and projected benefit,recognizing differences in the unit to be copied and your current unit.
• E)Consider applicability of the proposed changes - do they make sense and can they be applied.

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Definitions:

Access

The ability or right to approach, enter, or use something.

Limited Liability

A legal structure where a company's owners are protected from personal responsibility for its debts or liabilities.

Limited Partners

Investors in a limited partnership who are not involved in daily business operations and whose liability is limited to the amount of their investment.

Participates

To take part in or become involved in an activity or event.