_________involves studying products,processes,or business performance of other players in the same industry to compare pricing,technical quality,features,and other quality or performance characteristics of products and services.
A)Industry benchmarking
B)Strategic benchmarking
C)Process benchmarking
D)Competitive benchmarking

Question

Quizplus · Accepted Answer

Competitive benchmarking involves studying the performance of other players in the same industry to compare pricing, technical quality, features, and other characteristics of products and services. This helps companies understand their own strengths and weaknesses and make necessary improvements to remain competitive.

_________Involves Studying Products,processes,or Business Performance of Other Players in the Same