Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can someone answer this short answer for me please?! When a group of similar firms come together to share information about their processes, the process

can someone answer this short answer for me please?!
image text in transcribed
When a group of similar firms come together to share information about their processes, the process of collaboration is known as standard costing. they use each others' marketing ideas to become more competitiye. the process of sharing information is known as peer review. the purpose of the collaborative effort is to set standards for benchmarking

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quality And GMP Auditing Clear And Simple

Authors: James L. Vesper

1st Edition

0367400901, 978-0367400903

More Books

Students also viewed these Accounting questions

Question

2. Describe how technology can impact intercultural interaction.

Answered: 1 week ago