Benchmarking Involves

question 17

Multiple Choice

Benchmarking involves

• A)comparing how different companies perform various value chain activities and then making cross-company comparisons of the costs of these activities.
• B)checking whether a company has achieved more of its financial and strategic objectives over the past five years relative to the other firms it is in direct competition with.
• C)studying whether a company's resource strengths are more or less powerful than the resource strengths of rival companies.
• D)tracking the profit margin along with the value-creating activities.
• E)comparing the best practices in one industry against the best practices in another industry.

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Definitions:

Relatives

People who are connected by blood or marriage and have a familial bond or relationship.

Nuremberg Race Laws

Racial laws implemented by Nazi Germany in 1935 to systematically discriminate against Jews, including the prohibition of marriage between Jews and non-Jewish Germans.

Aryans

An ethno-linguistic term historically used to describe peoples speaking Indo-European languages, particularly in ancient times; usage varies by context.

Nazi Policy

Nazi policy encompasses the strategies, laws, and directives implemented by the Nazi regime in Germany between 1933 and 1945, including aggressive expansionism, racial purification, and the persecution of Jews and other minorities.