Benchmarking

question 84

Multiple Choice

Benchmarking:

• A) compares the efficiency and effectiveness of your business processes against strict standards.
• B) allows industry participants to develop industry-wide standards.
• C) is used to measure the speed and responsiveness of information technology.
• D) synchronizes the business processes of customers, suppliers, and trading partners.
• E) coordinates the value chains of independent firms to enable them to collectively produce a product or service.

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Definitions:

Cytoplasm

The gel-like substance inside a cell, excluding the nucleus, containing organelles and involved in multiple cell functions.

Penetration

The process of entering or piercing through a substance, structure, or barrier.

Escape Hypothesis

A theory suggesting that some cellular organelles, such as mitochondria and chloroplasts, originated from bacteria that once entered a host cell and lived symbiotically.

Regressive Hypothesis

A theory suggesting that more complex systems or structures have evolved from simpler precursors through a process of simplification or loss of features.