CUET Preparation Today
| What is the name of the analysis in which the firm's ratio values are compared to those of a key competitor or group of competitors, primarily to identify areas for improvement? |
Time-series analysis Benchmarking Combined analysis
None of the above |
| Benchmarking |
| Benchmarking is a process where you measure your company’s success against other similar companies to discover if there is a gap in performance that can be closed by improving your performance. Studying other companies can highlight what it takes to enhance your company’s efficiency and become a bigger player in your industry. |
