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'Benchmarking involves Multiple Choice studying whether a company's resource strengths are more / less powerful than the resource strengths of rival companies. comparing how different
'Benchmarking involves
Multiple Choice
studying whether a company's resource strengths are moreless powerful than the resource strengths of rival companies.
comparing how different companies perform various value chain activities and then making crosscompany comparisons of the costs and effectiveness of these activities.
comparing the best practices in one industry against the best practices in another industry.
checking whether a company has achieved more of its financial and strategic objectives over the past five years relative to its direct competitors.
studying how a company's competitive capabilities stack up against the competitive capabilities of selected companies known to have worldclass competitive capabilities.
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