General Studies · Performance Management
Consider the following statements regarding benchmarking: 1. A danger of benchmarking is that inappropriate comparisons can lead to incorrect conclusions. 2. Benchmarking must involve direct competitors to be effective. 3. The ultimate aim of benchmarking is to improve performance. 4. Benchmarking is essentially a cost-cutting exercise. Which TWO statements are true?
- 11 and 3✓
- 22 and 4
- 33 and 4
- 41 and 2
Correct answer
1 and 3
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