Define business process benchmarking, Business Management

Assignment Help:

Question 1:

(a) Define Business Process Benchmarking and explain why it is used in a company.

(b) Describe four types or forms of Benchmarking methods. Give one advantage of each type of method.

(c) What are the steps involved in benchmarking? Describe in each step, what activities are done at each step?

Question 2:

(a) Expand the acronym SWOT and state the usefulness of a SWOT analysis tool in businesses and organisations.

(b) Electronic Cigarette is a battery-powered device that is an alternative to smoked tobacco products. It gives the same physical sensation of inhaled tobacco smoke. A new company selling "electronic cigarettes" wants to operate in Mauritius. Use the SWOT analysis to assess this new company's position on the Mauritian market. Give three items under each of the four sections.

(c) Give two advantages and two limitations of using SWOT analysis as a tool.


Related Discussions:- Define business process benchmarking

Stakeholders, ABC Ltd.  wants to communicate about its corporate image to a...

ABC Ltd.  wants to communicate about its corporate image to all its stakeholders and also to the general public. As an advisor, how do you recommend them to do it.

Define the term organisation culture, QUESTION (a) Interpersonal skills...

QUESTION (a) Interpersonal skills are vital for interacting with people individually and in groups and developing such skills contribute to communication effectiveness in the o

Describe the communication flow in organizations, QUESTION 1 (a) Descri...

QUESTION 1 (a) Describe the Five basic propositions which form the premise of Neher‘s views on organizational communication. (b) Describe the communication flow in organizat

Business objectives, OUR AIM IS TO BRING INNOVATION BY ADOPTING FOLLOWING S...

OUR AIM IS TO BRING INNOVATION BY ADOPTING FOLLOWING STRATEGIES. - Competitive strategy: want to adopt competitive business strategy; we will attempt a sustainable competitive

What is an art of recording, What is an art of recording? Art of reco...

What is an art of recording? Art of recording: Accounting is an art of recording business transactions within the books of accounts into a systematic way soon after their

Cost leader and differentiation strategy in business, Ernst & Young's Strat...

Ernst & Young's Strategy for Competitive Advantage As per today's globalized business scenario, Ernst & Young is using different innovative and attractive strategies in order

Define the total cost of ownership concept, a). briefly discuss under what ...

a). briefly discuss under what circumstances IS resources might provide the firm with a sustainable competitive advantage. b). Define what is meant by 'IS Evaluation' and explai

State the factors associated with organizational change, Question 1: (A...

Question 1: (A) Differentiate between work group and work team. (B) Fully explain the four types of teams. Question 2: State the factors associated wi

Cycle inventories, Cycle inventories are held for the reason that purcha...

Cycle inventories are held for the reason that purchases are usually made in lots rather than the exact amount which may be needed at a point of time. Of course if all p

Determine the unit cost of the labelling process, The Company have now adde...

The Company have now added one more process to their product's line. The new process is to label their products to reflect their compliance to new international standards. The new

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd