________ can be a cost beneficial way to gather information because the company can avoid mistakes other companies have made.
A)QFD
B)TLCC
C)Benchmarking
D)Kaizen

Question

Quizplus · Accepted Answer

Benchmarking is the process of comparing one's business processes and performance metrics to industry bests or best practices from other companies. This can help a company understand where it stands in comparison to others and avoid common pitfalls, making it a cost-effective way to gather information.

________ Can Be a Cost Beneficial Way to Gather Information