Asked by Kassidy Trovato on Jun 23, 2024
Verified
ABC Corporation measures its own services and practices against the recognized leaders in the industry in order to identify areas for improvement. What is this process called?
A) benchmarking
B) strategic imitation
C) modelling
D) environmental analysis
Benchmarking
The process of measuring one’s own services and practices against the recognized leaders in order to identify areas for improvement.
Strategic Imitation
The practice of copying or adapting successful strategies, products, or practices from competitors or industry leaders, with adjustments for improvement or differentiation.
Environmental Analysis
The process of assessing and interpreting the external and internal environments of an organization to identify opportunities, threats, trends, and strategic uncertainties.
- Acquire knowledge about the strategic process of training and how it influences organizational efficacy.
Verified Answer
Learning Objectives
- Acquire knowledge about the strategic process of training and how it influences organizational efficacy.
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