From the Following Statements About Benchmarking, Select the Incorrect Statement

question 25

Multiple Choice

From the following statements about benchmarking, select the incorrect statement.

• A) Benchmarking involves working towards best practice.
• B) Benchmarking requires selection of a benchmarking partner.
• C) Benchmarking requires measuring against another firm in exactly the same type of business.
• D) Benchmarking involves continuous improvement.

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Definitions:

Cross-functional Teams

Teams composed of members from different departments or areas of expertise, working together towards a common project goal.

Work Processes

The sequence of steps or tasks that are carried out in order to complete a specific job or produce a specific outcome.

Functional Teams

Groups of individuals who are divided according to their specific roles or functions within an organization, working together towards common objectives.

Organizational Culture

The shared values, beliefs, and norms that influence the way employees think, feel, and behave in an organization.