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Performance review of a business must compare against: A. the performance of a similar business outside its industrial sector B. the performance of a similar business within its industrial sector C. an appropriate standard for comparison D. a business of similar size
Performance review of a business must compare against: A. the performance of a similar business outside its industrial sector B. the performance of a similar business within its industrial sector C. an appropriate standard for comparison D. a business of similar size
Performance review of abusinessmust compare against an appropriate standard for comparison. The correct answer is C.Comparing a business's performance against a similar business outside itsindustrial sector(A) may not provide a relevant benchmark since different industries have varying dynamics and expectations.Similarly, comparing against a similar business within its industrial sector (B) can be helpful, but it may not capture the broader market context and potential forgrowth. Comparing against a business of similar size (D) can be a useful factor to consider, but it may not account for industry-specific challenges and opportunities.Therefore, option C, comparing against an appropriate standard for comparison, is the most effective approach. This involves evaluating performance against establishedbenchmarks, industry-specific metrics, and market expectations.know more aboutbusinessherebrainly.com/question/15826679##SPJ11...