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Commerce · Q301

Financial Management

Graduate and Post Graduate · Commerce · question 301

Q301

Process of comparing company results with other leading firms is considered as

A.
comparison
B.
analysis
C.
benchmarking
Answer
D.
return analysis

Answer: Option C

Solution

Answer: Option C
Solution:
Process of comparing company results with other leading firms is considered as benchmarking. Benchmarking is a process of measuring the performance of a company's products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.”