Asked by Silvia Montañes Sintes on May 27, 2024
Verified
Another name for statistical benchmarking is a ______.
A) logic model
B) social return
C) financial ratio
D) comparative performance measurement
Statistical Benchmarking
The process of comparing processes, performance metrics, or outcomes against recognized standards, typically using statistical methods.
Comparative Performance Measurement
The process of evaluating the efficiency and effectiveness of an organization by comparing its outcomes with those of similar organizations.
- Differentiate among various benchmarking methodologies and their intended objectives.
Verified Answer
Learning Objectives
- Differentiate among various benchmarking methodologies and their intended objectives.
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