Which of the following activities would you perform to measure and compare your business processes to similar processes of other companies within your industry?
A) benchmarking
B) best practices
C) value chain analysis
D) strategic systems analysis

Question

Quizplus · Accepted Answer

Benchmarking involves comparing your business processes with those of similar processes of other companies within your industry to identify best practices and areas for improvement. Best practices, value chain analysis, and strategic systems analysis may also be helpful, but they are not specifically designed for measuring and comparing business processes with those of other companies.

Which of the Following Activities Would You Perform to Measure