Although competitors understandably are reluctant to share their secrets, information trading for ________ is not uncommon and can prove highly valuable.
A)vertical integration
B)technological followership
C)corporate espionage
D)benchmarking
E)gradual diffusion

Question

Quizplus · Accepted Answer

Benchmarking involves comparing one's business processes and performance metrics to industry bests and best practices from other companies. In this context, trading information can be valuable for improving performance, hence the reference to it being "not uncommon and can prove highly valuable."

Although Competitors Understandably Are Reluctant to Share Their Secrets, Information