Question

the process of rating an organizations practices, processes, and products against the company or companies that perform that particular activity better than most is known as _______.

○ ratio analysis
○ bench marketing
○ analysis of variance
○ outsourcing

Explanation:

Bench - marking involves comparing an organization's practices, processes, and products with those of companies that are superior in a particular activity. Ratio analysis is for financial ratios, analysis of variance is a statistical method, and outsourcing is about delegating work to external parties.

Answer:

bench marketing