Benchmarking does which of the following activities relative to a "best-in-class" (BIC) company?
A) yes yes yes
B) yes no no
C) no no yes
D) yes no yes

Question

Benchmarking does which of the following activities relative to a "best-in-class" (BIC) company? 
A) yes yes yes 
B) yes no no 
C) no no yes 
D) yes no yes

Quizplus · Accepted Answer

Benchmarking involves comparing a company's performance, processes, and outcomes against a best-in-class (BIC) company to identify areas for improvement. Therefore, it requires a comparison with a BIC company. Choice D indicates a comparison with a BIC company for both process and outcome improvement.

Benchmarking Does Which of the Following Activities Relative to a "Best-In-Class