Which of the following is not put under focus during performance benchmarking?  A. Elements of cost  B. Technical quality  C. Number of employees in organization  D. Product or service features

Company X focuses on one attribute of its business that it performs as well or better than its competitors. This attribute is Company X's:Multiple choice question.benchmarkdivision of laborcore focuscore competency

Benchmarking is a process through which one entity is compared to another. The comparison is generally done with the financial data and ratios of direct competitors in the same industry or market and it gives us the context in which to interpret the entity’s data.Choose one of the following answers. True False

A benchmark used in measuring performance is called a(n)

Benchmarking is basically comparing how different organizations perform their supply chain activities and to make cross-company comparisons of their revenues and effectiveness.Select one:TrueFalse

What is a primary goal when benchmarking your organizational performance against others?a.To find if there is a performance gap that can be closedb.To diversify the business services or productsc.To reduce the overall costs in your organisationd.To decide if competitive rates should be raisedClear my choice