Benchmarking compares a company's current performance against its own previous performance or against that of its competitors

Indicate whether the statement is true or false.


Answer: TRUE

Business

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When you discuss salary requirements with a prospective employer, you should

A) let the interviewer raise the topic first. B) say that your requirements are not negotiable, based on salary surveys. C) try to negotiate a higher salary regardless of the offer because you are in a good bargaining position. D) focus on other issues such as benefits and signing bonuses. E) ask what kind of salary you can expect after three years, and use that as the basis for negotiations.

Business

A store selling expensive artwork and luxury goods typically falls into the ________ group with respect to margins and volume

A) mixed markup, high-volume B) low-volume, mixed markup C) low-volume, low-markup D) high-volume, low-markup E) high-markup, low-volume

Business

Jake signed and delivered a negotiable promissory note payable to Nancy. Nancy negotiated the note to Fred. Fred now has the same legal status as an assignee of a contract

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

Business

What do both GPS and GIS use?

A. They both link business assets to a centralized system where they can be tracked and monitored over time. B. They both identify the geographic location of features and boundaries on earth, such as natural or constructed features, oceans, and more. C. Both use location-based services (LBS) applications that use location information to provide a service. D. Both use a process that assigns a digital map feature to an attribute that serves as a unique ID (tract number, node number) or classification (soil type, zoning category).

Business