Why is benchmarking useful
Question 1: Which budget type do you think is more useful: flexible or static? Which one should companies use?Question 2: Why is benchmarking useful? Do you use benchmarking in personal life?
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Why is benchmarking useful? Do you use benchmarking in personal life?
Problem: A school provides students monthly benchmark assessments in language, arts and mathematics using the computer.
If you were in the grocery business who would you benchmark for technological innovations? Would you look at companies within or outside the grocery industry?
Prepared to discuss environment versus heredity as causal factors of delinquency, along with the influence of various forms of media.
Describe benchmarking techniques that support avoidance of budget variances and justifies choices of techniques for this purpose.
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