What is the process of comparing a firms practices and technologies with those of other organizations?

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Is an evaluation conducted by one organization of another organization?

An evaluation conducted by one organization of another organization is referred to as a(n): transfer price.

Is an evaluation of the effectiveness and efficiency of various systems within an organization?

An evaluation of the effectiveness and efficiency of various systems within an organization is called a(n): management audit. The last step in a typical control system is: taking action to correct problems.

Is the process by which a company compares?

a process by which a company compares its performance with that of high-performing organizations. also known as a situational analysis—is a search for the Strengths, Weaknesses, Opportunities, and Threats affecting the organization.

What is a benchmark quizlet?

What is benchmarking? - A way of discovering the best performance being achieved. - a process for obtaining a measure of comparison. - making inquiries to other organization and documenting facilities and processes. - method to identify gaps in an organization's processes in order to achieve a competitive advantage.