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Industry sector benchmarking compares

This question belongs to Management Strategic Management
Strategic Management
?

Industry/sector benchmarking compares:

Answer & Solution
Correct Answer: Option B
Industry/sector benchmarking compares Organisational performance between firms/public sector organisations in the same industry or sector. Competitive or Industry/sector benchmarking enables an organization to compare its performance with competitors trading in the same industry or sector. Functional or external benchmarking involves comparing your business activities with those of companies from other industries/sectors with similar processes.
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