Apex Corporation is known in its industry being "best of class" in terms of costs and performance. Your firm could probably use Apex Corporation as a
A) benchmark.
B) target.
C) competitor to beat.
D) sounding board for ideas.
E) future supplier.

Question

Quizplus · Accepted Answer

Apex Corporation can be used as a benchmark, which means measuring your firm's performance against theirs in terms of costs and performance. This can help your firm identify areas for improvement and set targets for the future.

Apex Corporation Is Known in Its Industry Being "Best of Class