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The industry-low, industry-average, and industry-high cost benchmarks on pp. 5-6 of the latest issue of the GLO-BUS Statistical Review are only of value to the
The industry-low, industry-average, and industry-high cost benchmarks on pp. 5-6 of the latest issue of the GLO-BUS Statistical Review are only of value to the managers of companies whose operating profits per entry-level or multi-features camera sold are negative in one or more geographic regions. are of greatest value to the managers of companies whose costs are below the industry- average cost benchmarks. are of little value to company managers in making decisions to improve company performance in the upcoming decision round, although they may have interest to managers who are curious about prior year cost comparisons. are worth careful scrutiny by the managers of all companies because when a company's costs for one or more of the cost benchmarks are deemed "out-of-line," managers need to initiate corrective actions in the next decision round. are of little value to the managers of companies whose costs are below the industry-average benchmarks
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