Katrina Is Part of a Committee That Must Decide Whether

question 50

Multiple Choice

Katrina is part of a committee that must decide whether the company should adopt a new technology. Katrina's task is to compare the proposed technology to the technology that other companies in her industry use. This task is known as

• A)scanning.
• B)corporate espionage.
• C)auditing.
• D)a make-or-buy decision.
• E)benchmarking.

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Definitions:

Tenant-Days

A metric used in property management, representing the total number of days that tenants occupy a space within a specific period.

Planning Budget

A budget created for a particular level of activity; it can be adjusted over time as actual activity levels change.

Wages

Payments made to employees for their labor or services, typically calculated on an hourly, daily, or piecework basis.

Net Operating Income

The profit generated from a company's core business operations, excluding expenses and revenues from non-operating activities.