The Process of Rating an Organization's Practices, Processes, and Products

question 230

Multiple Choice

The process of rating an organization's practices, processes, and products against the best of the world is known as

• A) webworking.
• B) outsourcing.
• C) benchmarking.
• D) core competencies.

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Definitions:

Treasury Bill

Short-term government securities issued at a discount from the face value and mature in a year or less, representing a secure investment.

Simple Interest

Interest calculated only on the principal amount, or the initial sum of money invested or loaned.

Market Rate

The prevailing interest rate available in the marketplace for investments, loans, and deposits.

Simple Interest

Interest calculated only on the principal amount, or the original sum of money lent or invested, without compounding.