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:

HRIS System

An integrated system designed to provide information used in HR decision-making such as staffing, development, compensation, benefits, and employee relations.

Networkers

Individuals who actively engage in networking, seeking to create and maintain professional connections.

Talent Inventory

A comprehensive assessment or database of the skills, abilities, and potential of the employees within an organization, used for strategic planning, development, and placement.

Management Information System (MIS)

An organized approach to collecting, storing, and processing data to provide useful information that supports management decisions and operations.