A Benchmarking Team Establishes Goals and Obtains Support from the Management

question 159

Multiple Choice

A benchmarking team establishes goals and obtains support from the management team that agrees to provide resources for accomplishing the goals.This phase of the benchmarking process is called:

• A)goal setting.
• B)analysis.
• C)integration.
• D)action.

---

Definitions:

Multilateral Trade

International trade conducted between more than two countries, without discrimination against any of the participating countries.

Political Unrest

Situations of disorder or instability in a political context, which can impact businesses by disrupting operations, supply chains, or markets.

Aging Population

The demographic trend characterized by an increase in the proportion of elderly people in the population, often leading to shifts in healthcare, pension, and labor market policies.