Question

In which form of benchmarking is comparison of similar or identical practices within same or immediate industry is done?

a.

Internal benchmarking

b.

Competitive benchmarking

c.

Functional benchmarking

d.

Generic benchmarking

Answer: (c).Functional benchmarking

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. In which form of benchmarking is comparison of similar or identical practices within same or immediate industry is done?

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. Which of the following is not a challenge to functional benchmarking?

Q. In which form of benchmarking unrelated business processes or functions that can be utilized are studied?

Q. Which of the following is not a benefit of generic benchmarking?

Q. Which of the following is not an advantage of process benchmarking?

Q. Process benchmarking can be used in customer complaint processes.

Q. Strategic benchmarking shows long term benefits.

Q. Which of the following is not a type of comparison made through strategic benchmarking?

Q. Which of the following is not a technique used during performance benchmarking?

Q. Which of the following is not put under focus during performance benchmarking?

Q. Which of the following is not an example of functional performance benchmarking?

Q. Revenue growth and customer satisfaction can be assessed through _______

Q. What does FMEA stand for?

Q. To anticipate failures and prevent them from happening is the objective of FMEA.

Q. What is RPN?

Q. The analysis of potential failures of product or service due to component or subsystem unreliability is involved in design FMEA.

Q. Find the odd one out related to the FMEA team.

Q. Find the odd one out related to the data inputs required to prepare FMEA.

Q. Which of the following is not a benefit of FMEA?

Q. A particular product has been given the following rankings for calculating RPN while preparing FMEA chart, S=10, O=2, D=2. What is the value of RPN?

Q. There are four stages of FMEA.

i) Specifyingthe possibilities
ii) Quantifying risk
iii) Correcting high risk causes
iv) Re-evaluation of Risk

Which is the correct order of proceeding with these stages of FMEA?

Recommended Subjects

Are you eager to expand your knowledge beyond Total Quality Management? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!