Question

Difference between inter firm and intra firm comparison

Answer 1

Inter firm comparison:
It means comparing the two or more than two similar types of business units.
The objective here is to find to suitable position with regard to competition , also in order to increase profit as well as the product.
it's actually a tool for the management of a firm in order to compare the performance as well as   the result

Intra firm comparison:
it is actually about the comparing of two more than two department of the same firm or the business unit.
The main objective here is to improve the efficiency  and analysis the performance of departments.

Answer 2

Inter firm comparison refers to the process of comparing more than one business units to find the position they rank in and enhancing the productivity and profitability of the well-peforming units and increase the overall performance of the firm.

Intra firm comparison refers to the process of comparing more than one department within a business unit. It helps in enhancing the efficiency and effectiveness of the departments being compared.