Management Notes

Reference Notes for Management

The most difficult part of benchmarking is 

The most difficult part of benchmarking is

The most difficult part of benchmarking is

 Options:

A. the decision of whether to do it at all.
B. how to gain access to information regarding rivals’ practices and costs.
C. when to initiate the process.
D. what information to utilize in the analysis process.
E. when to stop the process and move forward with strategy.

The Correct Answer Is:

B. how to gain access to information regarding rivals’ practices and costs.

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