Benchmarking That Involves Comparison with Firms with Similar Interests and Technologies

question 46

Multiple Choice

Benchmarking that involves comparison with firms with similar interests and technologies is termed:

• A) competitive benchmarking.
• B) industry benchmarking.
• C) process benchmarking.
• D) external benchmarking.

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Definitions:

Habitat Loss

The destruction or degradation of natural environments, leading to the decline of plant and animal species.

Pollution

The introduction of contaminants into the natural environment causing adverse change, through substances or energy.

Non-native Species

Species that are introduced into an environment where they do not naturally occur, often causing harm to local ecosystems and species.

Mutualism

A type of symbiotic relationship between two organisms where both organisms benefit from the interaction.