Company A manufactures 10 defective products on an average out of 1000 products manufactured. Company B manufactures 5 defective products on an average out of 1000 products manufactured. Which company must be chosen for benchmarking and by whom ? #finance #financemcq #financequestions - Study24x7
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Company A manufactures 10 defective products on an average out of 1000 products manufactured. Company B manufactures 5 defective products on an average out of 1000 products manufactured. Which company must be chosen for benchmarking and by whom ?

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A

B should choose A as benchmark

B

A should choose B as benchmark

C

Both are equally efficient

D

Concept of benchmarking is not applicable here

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