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# One way to judge the performance of a company is to compare

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Manager
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One way to judge the performance of a company is to compare [#permalink]

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30 Oct 2005, 05:44
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One way to judge the performance of a company is to compare it with other companies. This technique, commonly called "benchmarking", permits the manager of a company to discover better industrial practices and can provide a justification for the adoption of good practices.

Any of the following, if true, is a valid reason for benchmarking the performance of a company against companies with which it is not in competition rather that against competitors EXCEPT:

(A) Comparisons with competitors are most likely to fous on practices that the manager making the comparisions already employs
(B) Getting "inside" information about the unique practices of competitors is particularly difficult
(C) Since companies that compete with each other are likely to have cpmparable levels of efficiency, only benchmarking against noncompetitors is likely to reveal practices that would aid in beating competitors
(D) Managers are generally more receptive to new ideas that they find outside their own industry
(E) Much of the success of good companies is due to their adoption of practices that take advantage of the special circumstances of their products of markets
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One way to judge the performance of a company is to compare [#permalink]

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25 Apr 2013, 06:04
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One way to judge the performance of a company is to compare it with other companies. This technique, commonly called “benchmarking,” permits the manager of a company to discover better industrial practices and can provide a justification for the adoption of good practices.

Any of the following, if true, is a valid reason for benchmarking the performance of a company against companies with which it is not in competition rather than against competitors EXCEPT:

(A) Comparisons with competitors are most likely to focus on practices that the manager making the
(B) Getting “inside” information about the unique practices of competitors is particularly difficult.
(C) Since companies that compete with each other are likely to have comparable levels of efficiency, only
benchmarking against noncompetitors is likely to reveal practices that would aid in beating competitors.
(D) Managers are generally more receptive to new ideas that they find outside their own industry.
(E) Much of the success of good companies is due to their adoption of practices that take advantage of the
special circumstances of their products or markets.

Edit: carcass
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25 Apr 2013, 08:13
Please check and follow the Guidelines for Posting in Verbal GMAT forum before posting anything.

You need to search for the topic before posting. If the topic already exists, do not start another topic on the same question.

Also you always need to provide proper topic name -- it should be first few words from the question.

This topic is locked here. To discuss on this question, check here: one-way-to-judge-the-performance-of-a-company-is-to-compare-22251.html
Senior Manager
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Re: One way to judge the performance of a company is to compare [#permalink]

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25 Apr 2013, 08:23
All duplicate threads on this topic have been merged.

Please check and follow the Guidelines for Posting in Verbal GMAT forum before posting anything.
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Re: One way to judge the performance of a company is to compare [#permalink]

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16 Jun 2013, 08:43
E.

Competition occur in case there is a conflict of interest.
Here the conflict is with regards to the market share of a particular product ( let's put it this way for a moment)
Practices that helps improve the product comes to play only by knowing the market and the competitor.
So, the 'Benchmark' should be set keeping in mind the competitor.

Non-competitor may never give the right idea for improvement of the product....and hence couldn't be useful.

E.g. Company X makes Computers...Company Y makes Computers also.

So, Company X should keep in check the movements, practices of Company Y (Same product)

Company X can't follow the policy of a non-compet. Company Z which makes Cars!
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Re: One way to judge the performance of a company is to compare [#permalink]

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02 Dec 2013, 08:19
+1 for E .

Whenever I see an "except" question, I pay more attention to all the answer choices as it is easy to slip away and choose trap answers.

Coming back to the question, choices A, B, C and D support benchmarking against non-competitors where as only choice E supports benchmarking against competitors in an industry.
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Re: One way to judge the performance of a company is to compare [#permalink]

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17 Apr 2014, 15:48
I was stuck between E and D, but guessed E.
In D how is Receptivity to new ideas a benefit?
In E, what does the phrase "products of markets" mean?
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Re: One way to judge the performance of a company is to compare [#permalink]

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23 Jun 2014, 04:54
Its OG13 Question # 102

OA is E.

Why B is not correct-

This choice says that it is difficult to get inside information about the practices of competitors. So, this gives us a reason to benchmark against non competitors.
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Re: One way to judge the performance of a company is to compare [#permalink]

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30 Nov 2014, 00:02
rahuluec wrote:
One way to judge the performance of a company is to compare it with other companies. This technique, commonly called "benchmarking", permits the manager of a company to discover better industrial practices and can provide a justification for the adoption of good practices.

Any of the following, if true, is a valid reason for benchmarking the performance of a company against companies with which it is not in competition rather that against competitors EXCEPT:

(A) Comparisons with competitors are most likely to fous on practices that the manager making the comparisions already employs
(B) Getting "inside" information about the unique practices of competitors is particularly difficult
(C) Since companies that compete with each other are likely to have cpmparable levels of efficiency, only benchmarking against noncompetitors is likely to reveal practices that would aid in beating competitors
(D) Managers are generally more receptive to new ideas that they find outside their own industry
(E) Much of the success of good companies is due to their adoption of practices that take advantage of the special circumstances of their products of markets

only E sounds like not supporting benchmarking with competitors. So I go with E.
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Re: One way to judge the performance of a company is to compare [#permalink]

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06 Dec 2014, 03:03
rahuluec wrote:
One way to judge the performance of a company is to compare it with other companies. This technique, commonly called "benchmarking", permits the manager of a company to discover better industrial practices and can provide a justification for the adoption of good practices.

Any of the following, if true, is a valid reason for benchmarking the performance of a company against companies with which it is not in competition rather that against competitors EXCEPT:

(A) Comparisons with competitors are most likely to fous on practices that the manager making the comparisions already employs
(B) Getting "inside" information about the unique practices of competitors is particularly difficult
(C) Since companies that compete with each other are likely to have cpmparable levels of efficiency, only benchmarking against noncompetitors is likely to reveal practices that would aid in beating competitors
(D) Managers are generally more receptive to new ideas that they find outside their own industry
(E) Much of the success of good companies is due to their adoption of practices that take advantage of the special circumstances of their products of markets

only E suggest that benchmarking with other companies is not of direct profit
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Re: One way to judge the performance of a company is to compare [#permalink]

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21 Feb 2015, 03:28
Any of the following, if true, is a valid reason for benchmarking the performance of a company against companies with which it is not in competition rather that against competitors EXCEPT:

So, what are we looking for ? 4 Arguments strengthen the point that benchmarking against non competitor companies is better than against direct competitors. And ONLY 1 Choice will be a WEAKENER (or neutral) - that would be a CORRECT answer choice.

(A) Comparisons with competitors are most likely to fous on practices that the manager making the comparisions already employs --> strengthens the point for benchmarking against companies with which it is not in competition
(B) Getting "inside" information about the unique practices of competitors is particularly difficult --> strengthens the point for benchmarking against companies with which it is not in competition
(C) Since companies that compete with each other are likely to have cpmparable levels of efficiency, only benchmarking against noncompetitors is likely to reveal practices that would aid in beating competitors --> strengthens the point for benchmarking against companies with which it is not in competition
(D) Managers are generally more receptive to new ideas that they find outside their own industry --> strengthens the point for benchmarking against companies with which it is not in competition
(E) Much of the success of good companies is due to their adoption of practices that take advantage of the special circumstances of their products of markets --> CORRECT. This one weakens the point that benchmarking against non competitor companies is better than against direct competitors
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Re: One way to judge the performance of a company is to compare [#permalink]

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09 Apr 2015, 12:42
Any of the following, if true, is a valid reason for bench marking the performance of a company against companies with which it is not in competition rather than against competitors EXCEPT:
Plz Can explain the question stem
I'm little confused about except questions
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Re: One way to judge the performance of a company is to compare [#permalink]

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02 Mar 2016, 18:30
I always get confused with these double negatives ... how do you all handle it?
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Re: One way to judge the performance of a company is to compare [#permalink]

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08 Mar 2016, 23:10
The question is basically asking you to choose an answer which indicates the company is in competition with competitors. Four answer choices indicate that the company is in competition with non competitors and only one would indicate it is in competition with a competitor. That one would be your answer. If I give an example say: " She is not against him." It translates into " She is in his favor.". Double negatives translate into positives.
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Re: One way to judge the performance of a company is to compare [#permalink]

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23 Apr 2016, 02:51
The question can be rephrased :- Why should one benchmark a similar industry company.

The only one there is E
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Re: One way to judge the performance of a company is to compare [#permalink]

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06 Jun 2016, 14:06
E it is since all others would favour benchmarking with non-competitors.
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Re: One way to judge the performance of a company is to compare [#permalink]

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17 Jun 2016, 13:25
Can someone please change the "that" in the question stem to "than"? And the "of" in the correct answer choice E to "or"? The poor transcription threw me off when doing this problem since I didn't know what the question was asking or what the right answer choice meant.
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Re: One way to judge the performance of a company is to compare [#permalink]

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01 Aug 2016, 06:21
GinGMAT wrote:
Can someone please change the "that" in the question stem to "than"? And the "of" in the correct answer choice E to "or"? The poor transcription threw me off when doing this problem since I didn't know what the question was asking or what the right answer choice meant.

This question was posted in 2005. I don't think that the user is still active on the forums.
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Re: One way to judge the performance of a company is to compare [#permalink]

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07 Sep 2016, 04:47
Find an option the either undermines competing with companies in the same industry or talks about whether black holes exist. Option E is entirely out of context. others seem to pit the company in argument against companies in different industries, and derive value from this non industry comparison.

Option E
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Re: One way to judge the performance of a company is to compare [#permalink]

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12 Sep 2016, 07:04
rgtiwari wrote:
One way to judge the performance of a company is to compare it with other companies. This technique, commonly called “benchmarking,” permits the manager of a company to discover better industrial practices and can provide a justification for the adoption of good practices.
Any of the following, if true, is a valid reason for benchmarking the performance of a company against companies with which it is not in competition rather than against competitors EXCEPT:
(A) Comparisons with competitors are most likely to focus on practices that the manager making the comparisons already employs.
(B) Getting “inside” information about the unique practices of competitors is particularly difficult.
(C) Since companies that compete with each other are likely to have comparable levels of efficiency, only benchmarking against noncompetitors is likely to reveal practices that would aid in beating competitors.
(D) Managers are generally more receptive to new ideas that they find outside their own industry.
(E) Much of the success of good companies is due to their adoption of practices that take advantage of the special circumstances of their products of markets.

I don't understand what the question says, please can anyone elaborate...

Any of the following, if true, is a valid reason for benchmarking the performance of a company against companies with which it is not in competition rather that against competitors EXCEPT:
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Re: One way to judge the performance of a company is to compare [#permalink]

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14 Sep 2016, 12:32
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rgtiwari wrote:
One way to judge the performance of a company is to compare it with other companies. This technique, commonly called “benchmarking,” permits the manager of a company to discover better industrial practices and can provide a justification for the adoption of good practices.
Any of the following, if true, is a valid reason for benchmarking the performance of a company against companies with which it is not in competition rather than against competitors EXCEPT:
(A) Comparisons with competitors are most likely to focus on practices that the manager making the comparisons already employs.
(B) Getting “inside” information about the unique practices of competitors is particularly difficult.
(C) Since companies that compete with each other are likely to have comparable levels of efficiency, only benchmarking against noncompetitors is likely to reveal practices that would aid in beating competitors.
(D) Managers are generally more receptive to new ideas that they find outside their own industry.
(E) Much of the success of good companies is due to their adoption of practices that take advantage of the special circumstances of their products of markets.

I don't understand what the question says, please can anyone elaborate...

Any of the following, if true, is a valid reason for benchmarking the performance of a company against companies with which it is not in competition rather that against competitors EXCEPT:

The question stem says that there are some valid reasons that the performance of a company should be benchmarked against non-competitors rather than competitors. Since , this is an except question , 4 of the answers will provide reasons to benchmark the performance of companies against non-competitors .
The correct answer will not .

Hope this helps!!
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Re: One way to judge the performance of a company is to compare   [#permalink] 14 Sep 2016, 12:32

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