________ requires the monitoring of key internal firm performance measures over time to identify trends such as improvement to inform managerial decision making.

Question

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Baselining involves establishing a baseline or reference point for internal firm performance measures and monitoring them over time to identify trends. This can be important for informing managerial decision making and identifying areas for improvement. Benchmarking involves comparing the performance of the firm with external benchmarks or best practices, while reengineering involves redesigning business processes to improve performance. Reverse engineering involves taking apart a product to understand how it was made, and restructuring involves making significant changes to the structure or organization of the firm.

________ Requires the Monitoring of Key Internal Firm Performance Measures