Results benchmarking creates the risk for a company to become stagnant.

Name: Results benchmarking creates the risk for a company to become stagnant.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

Results benchmarking can create the risk for a company to become stagnant because they may focus too much on comparing themselves to others and replicating their strategies rather than innovating and constantly improving. This can lead to a lack of differentiation in the market and ultimately hurt the company's long-term success.

Results Benchmarking Creates the Risk for a Company to Become