The Most Difficult Part of Benchmarking Is

question 7

Multiple Choice

The most difficult part of benchmarking is

• A)whether to do it at all.
• B)figuring out 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:

Bankrupt

The condition in which an individual or organization is unable to fulfill its financial obligations to lenders.

Transfer

Transfer refers to the act of moving ownership, rights, or interest in an asset from one party to another.

Void

Having no legal force or effect; null and unenforceable.

Chapter 7

A bankruptcy process outlined in the United States Bankruptcy Code whereby a debtor's assets are liquidated to pay off creditors.