______ is the process of comparing management processes and performance metrics to best practices.
A) strategic planning
B) benchmarking
C) risk analysis
D) business process reengineering

Question

Quizplus · Accepted Answer

Benchmarking involves comparing an organization's management processes and performance metrics to industry best practices in order to identify areas for improvement. Strategic planning involves setting long-term objectives and creating a plan of action to achieve them. Risk analysis involves identifying and assessing potential risks to a business. Business process reengineering involves completely rethinking and redesigning an organization's processes to improve efficiency and effectiveness.

______ Is the Process of Comparing Management Processes and Performance