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.

Understand the concepts of homology and homoplasy in evolutionary biology.

Identify the evidence supporting the theory of natural selection in specific animal examples.

Describe the fundamental mechanisms of evolution, including the role of DNA in evolutionary changes.

Distinguish between the relationships of various primates to humans based on genetic data.

---

Definitions:

Supervisors

Individuals within an organization responsible for overseeing the work of employees and ensuring that tasks are carried out efficiently and effectively.

Taft-Hartley Act

A 1947 federal law that restricted the activities and power of labor unions in the United States.

Illegal

Involves actions or activities that are forbidden by law or not authorized by legal regulations.

Boycotts

Organized refusal to buy, use, or participate in something as a form of protest or to exert pressure for change.