Benchmarking can only be as good as the relevance of the measures that are used.Which of the following is a determinant of the measures that should be used?
A)Measures must be done quickly and accurately.
B)Measure only what it is convenient to measure.
C)What are being compared must be comparable in some useful sense.
D)The entities being measured must be compared to those of competitors.

Question

Quizplus · Accepted Answer

The measures used for benchmarking must be comparable in some useful sense. This means that the measures used should be relevant and meaningful for the comparison being made. It is not enough to measure only what is convenient or to measure quickly and accurately. Additionally, comparing entities to those of competitors is only one aspect of determining relevant measures for benchmarking.

Benchmarking Can Only Be as Good as the Relevance of the Measures