Functional benchmarking

A. is used to determine best practices regardless of industry.
B. is not very useful for organizations with a divisional organizational structure.
C. restricts the search for best practices to competitors.
D. is useful when researching industry-specific standards.


Answer: A

Business

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Answer the following statement true (T) or false (F)

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For a manufacturer, measures of volume may include:

A. Both number of units produced and amount of direct materials used in production are correct. B. Amount of direct materials used in production. C. Number of units produced. D. Number of square feet occupied.

Business

Each pronoun borrows its meaning from a noun

Indicate whether the statement is true or false

Business

Generally, if Tom's factory unforeseeably burns down through no fault of his own, Tom is discharged from his contractual obligation to manufacture widgets for Jerry

a. True b. False Indicate whether the statement is true or false

Business