Which of the following is a procedure in which an organization compares its own practices against those of the competition?
A)Delayering
B)Forecasting
C)Offshoring
D)Benchmarking
E)Job evaluation

Question

Quizplus · Accepted Answer

Benchmarking is a procedure in which an organization compares its own practices against those of the competition in order to identify areas for improvement and increase efficiency. Delayering is the process of reducing the number of levels in a company's hierarchy, while forecasting involves making predictions about future trends in the industry. Offshoring refers to the practice of relocating business processes or services to a foreign country, and job evaluation is the process of determining the relative worth of different positions within an organization.

Which of the Following Is a Procedure in Which an Organization