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What is the primary objective of benchmarking in logistics management?
  • a)
    To evaluate the financial performance of logistics operations.
  • b)
    To identify weaknesses in internal performance measures.
  • c)
    To measure customer satisfaction.
  • d)
    To compare an organization's performance with that of other organizations for improvement.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the primary objective of benchmarking in logistics management?...
The primary objective of benchmarking in logistics management is "to compare an organization's performance with that of other organizations for improvement." Benchmarking helps organizations identify areas where they can learn from others and make necessary improvements to enhance their logistics operations.
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What is the primary objective of benchmarking in logistics management?a)To evaluate the financial performance of logistics operations.b)To identify weaknesses in internal performance measures.c)To measure customer satisfaction.d)To compare an organization's performance with that of other organizations for improvement.Correct answer is option 'D'. Can you explain this answer?
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