Scenario 2.2
Avie Products Inc. is planning to add a third shift to its production schedule. It currently has 450 workers involved in all aspects of its fertilizer business, best done in Canada. A recent surge in demand from its global customers is driving the need for more workers; however, Simi Meher, the CEO, is concerned that the surge may be temporary, especially in light of the recent economic downturns in the global environment where Avie does business.
-Refer to Scenario 2.2. Assume that Avie goes ahead with the third shift. What can the company use to evaluate the effectiveness of this strategy in a year's time?
A) Markov analysis
B) trend analysis
C) skill inventories
D) benchmarking

Question

Quizplus · Accepted Answer

Benchmarking is the process of comparing a company's performance to that of other similar companies. This can help Avie to identify areas where it can improve its performance and to track its progress over time.

Scenario 2.2 Avie Products Inc. Is Planning to Add a Third Shift