Which of the following is an important lesson to keep in mind during benchmarking?
A)Benchmarked firms should be made aware of the said firm's motivation.
B)Differences in environments of the benchmarked firms should be taken into account.
C)Differences in the strength and activities of the labor unions should be taken into account.
D)Differences in environments of the benchmarked firms are not important.

Question

Quizplus · Accepted Answer

Differences in the environments of benchmarked firms can impact performance and should be taken into account to ensure accurate comparisons. The other options, while potentially important in their own right, are not as universally applicable to all benchmarking situations.

Which of the Following Is an Important Lesson to Keep