Which of the following is true concerning benchmarking?
A) Benchmarking always involves analyzing a competitor.
B) Benchmarking is most effective when analyzing within your own industry.
C) Benchmarking may involve analyzing a company with a completely different product.
D) Benchmarking foreign companies is not suggested due to cultural differences.
E) Benchmarking results in faster growth but reduced productivity.
Correct Answer:
Verified
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