With reference to benchmarking, select the correct statement out of the following:

CS Executive · Financial and Strategic Management · PYQS · June 2021
With reference to benchmarking, select the correct statement out of the following:
(A) Finding and implementing the best business
(B) Traditional controlling is also known as benchmarking
(C) The focus of benchmarking is to identify and eliminate non-value added activities
(D) Benchmarking deals only with medium size organisation

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Strategic Management

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