All of the following are steps in "benchmarking" except ________.
A) define the attribute and identify best-in-class
B) qualitative data from benchmark company candidates
C) document benchmark company process at strategic and operational levels
D) develop a strategy for adopting the best practices
Correct Answer:
Verified
Q4: In the SC functions of purchasing, production,
Q5: _ is the formal process of comparing
Q6: Supply management professionals increasingly measure the percent
Q7: A key performance measure for a company's
Q8: Measurement can be used to create alignment.
Q10: Non-competitive (or non-restricted) benchmarking entails looking to
Q11: Measurement shapes behavior. Tom Peters suggests, "What
Q12: _ links costs directly to the activities
Q13: Just-in-time or lean management substitutes information for
Q14: The typical balanced scorecard emphasizes total order
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