What is functional benchmarking, Financial Management

Best practice or functional benchmarking

Compare an internal function to 'the best' however not necessarily an organisation in same industry for example compare administration activities or cleaning methods to other hospitals or other organisations other than a hospital not involved in healthcare.

 

Posted Date: 9/3/2013 2:06:52 AM | Location : United States







Related Discussions:- What is functional benchmarking, Assignment Help, Ask Question on What is functional benchmarking, Get Answer, Expert's Help, What is functional benchmarking Discussions

Write discussion on What is functional benchmarking
Your posts are moderated
Related Questions
a)   What are the pre-requisites of installation of responsibility accounting system? b)  Diffrence between 'cost centre' and 'profit centre'.


What is the Scope of IFRS 8 IFRS 8 applies to organisations who: Equity or debt instruments are traded in a public market (stock market) Is in the process of obtai

The main drawback of the tradition approach of valuation is that it discounts every cash flow using the same discount rate. For example, let us take 5-year (7.00 per ce

Agency Mortgage-Backed Securities (AMBS) are securities that are backed by the mortgage loans. These securities include mortgage passthrough securities, stripped

Define the meaning of procurement Term procurement was used in a broad sense so as to include the whole gamut of raising funds externally.

The straight value of a convertible bond is nothing but the value of a non-convertible bond having same characteristics. For example, assume that a company has tw

how to write an assignment for this topic

You've just won a huge $100 million lottery.  You've decided to invest your winnings in the following way:  $30 million in real estate,  $30 million in  corporate bonds and $40 mil

Define intermediation . The monetary system makes it possible for deficit and surplus economic units to come together exchanging funds for securities to their mutual benefit.