A much-used and potent managerial tool for determining whether a company performs particular functions or activities in a manner that represents "the best practice" when both cost and effectiveness are taken into account is:

A much-used and potent managerial tool for determining whether a company performs particular functions or activities in a manner that represents "the best practice" when both cost and effectiveness are taken into account is: 



A. competitive strength analysis.

B. activity-based costing.

C. resource cost mapping.

D. SWOT analysis.

E. benchmarking.


Answer: benchmarking


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