Comparing actual results to the results of competitors and comparing actual results to industry standards would be an example of:
A)promoting goal congruence and coordination.
B)motivating managers.
C)providing feedback.
D)benchmarking.

Question

Quizplus · Accepted Answer

Comparing actual results to the results of competitors and industry standards is a key aspect of benchmarking. Benchmarking involves measuring performance against external standards to identify areas for improvement and best practices. This helps organizations set goals and strive for continuous improvement.

Comparing Actual Results to the Results of Competitors and Comparing