Benchmarking: Question 28 options: compares the efficiency and effectiveness of your business processes against strict standards. allows industry participants to develop industry-wide standards. is used to measure the speed and responsiveness of information technology. synchronizes the business processes of customers, suppliers, and trading partners. coordinates the value chains of independent firms to enable them to collectively produce a product or service.

Jimmy owns an ice cream parlor. he designs a schedule for the different tasks the employees have to perform in order to prevent monotony at work. according to the schedule, if an employee makes waffle cones on a day, he serves ice creams the next day and clears the tables on the day after that. jimmy is using the approach at his ice cream parlor.

Iam trying to get more members on my blog. how do i do this?

Last week paul, ceo of quality furniture in south carolina, traveled to europe to visit customers. while overseas, paul checked his e-mail daily and showed his company's website to customers, explaining how the website will them place orders and receive merchandise more quickly. after visiting the last customer friday morning, paul was able to return to the corporate office in south carolina to meet with his board of directors that night. is the "shrinking" of time and space with air travel and electronic media.