The Most Difficult Part of Benchmarking Is

question 23

Multiple Choice

The most difficult part of benchmarking is:

• A) the decision of whether to do it at all.
• B) how to gain access to information regarding rivals' practices and costs.
• C) when to initiate the process.
• D) what information to utilize in the analysis process.
• E) when to stop the process and move forward with strategy.

---

Definitions:

Assignment

The transfer of rights, property, or obligations from one party to another. This broad term is used across various legal contexts, including in contracts and real estate.

Delegation

The act of transferring authority or responsibility from one individual or group to another while retaining overall accountability.

Valid Delegation

The legal transfer of authority from one party to another, where the delegating party retains the responsibility for the task.

Delegator

A person or entity that assigns tasks or authority to another.