__________ is a planning technique which is also useful in control as it is a means of identifying best practices
A) Benchmarking
B) Management by exception
C) Progressive management control
D) Feedback control
E) Critical incident management

Question

Quizplus · Accepted Answer

Benchmarking is a planning technique used to compare an organization's processes, products, or services against those of leading competitors or other organizations in the same industry. This comparison helps identify best practices, areas for improvement, and strategies for achieving superior performance, making it useful for both planning and control purposes.

__________ Is a Planning Technique Which Is Also Useful in Control