Benchmarking does which of the following activities relative to a "best-in-class" (BIC)company?
A)yes yes yes
B)yes no no
C)no no yes
D)yes no yes

Question

Benchmarking does which of the following activities relative to a "best-in-class" (BIC)company? 
A)yes yes yes 
B)yes no no 
C)no no yes 
D)yes no yes

Quizplus · Accepted Answer

Benchmarking involves comparing an organization's processes, products or services, and performance against a "best-in-class" (BIC) company. The BIC company is the one that has achieved the highest level of performance in the area being benchmarked. Therefore, benchmarking requires a comparison with a BIC company. Choice D is the only option that includes this comparison with a BIC company in both activities.

Benchmarking Does Which of the Following Activities Relative to a "Best-In-Class