Organizations strive for continuous improvement

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Organizations strive for continuous improvement. Benchmarking helps an organization understand the best practices within their industry. An operations manager stated, “Benchmarking against other companies enables a company to identify the lowest-cost producer. This amount should become the performance measure for next year.” Do you agree with the statement made by the manager? Support your answer with credible sources. Cite your sources using proper APA format (both in-text and reference entries).

Reference no: EM131136677

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