Demonstrated standard of products-services-costs

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Many companies have selected a demonstrated standard of products, services, costs, or practices that represent the very best performance for processes or activities very similar to those of your own company. Do you think this is an effective practice for all companies? Explain in detail. If your company is benchmarking, what should you do if you have limited resources to implement the practices? Explain why doubling the capacity of a bottleneck may not double the system capacity, and relate your answer to a specific example from your present or past work environments.

Reference no: EM131139740

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