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Competitive and Cooperative Benchmarking: A Comparison

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Compare two financial benchmarking techniques. In your opinion, which is more effective? Explain the rationale for your opinion.
Ex...competitive and cooperative benchmarking

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This solution compares competitive and cooperative benchmarking.

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The most difficult benchmarking type is Competitive benchmarking. This form of benchmarking is measuring the performance, products, and services of an organization against its direct or indirect competitors in its own industry (Boxwell, 1994).

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