Which of the following is the last step in conducting a benchmark analysis?
A) collect data on performance and practices
B) select product, service or process for the analysis
C) adapt and implement best practices, setting reasonable goals and ensuring company- wide acceptance
D) choose companies or internal areas for the analysis
E) analyse and evaluate data and identify opportunities for improvement

Question

Quizplus · Accepted Answer

The last step in conducting a benchmark analysis is to adapt and implement best practices, setting reasonable goals, and ensuring company-wide acceptance. This step involves taking the data collected during the analysis, evaluating it, and identifying opportunities for improvement. Finally, the organization needs to adapt and implement the best practices, set goals, and ensure that everyone is on board and committed to the changes.

Which of the Following Is the Last Step in Conducting