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Which of the following a major challenge encountered in the benchmarking process? Recognizing that benchmarking is a valuable tool Identifying an appropriate benchmarking target industry

Which of the following a major challenge encountered in the benchmarking process?

Recognizing that benchmarking is a valuable tool
Identifying an appropriate benchmarking target industry
Getting a competitor to give you permission to come in and observe how it does business
Understanding the essence of benchmarking
All of the above

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