The practice of comparing a company with its prior performan

The practice of comparing a company with its prior performance or with best practices from other companies is called OA. benchmarking O B. budgeting OC. differentiation analysis O D. competitive analysis

Solution

Answer is A. Benchmarking.

Explanation:

Benchmarking is a method of comparing the performance of the organisation with the best performance existing in the industry or will the previous best performance given by the same organisation.