Interfirm comparison makes possible the
fullest utilization of available
Options
O Capital
Machinery
Man power
All resources of the organization
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Answer:all resources of the organisation
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The correct answer is OPTION 4: All resources of the organization
- Inter-firm comparison evaluates the performance, efficiency, expenditures, and profitability of other enterprises in the same industry through sharing information.
- Financial data and statistics from a group of similar businesses must be obtained through a reliable third-party organization.
- The companies are screened and divided into various size groups, with their financial figures scrutinized across a wide range, comparative performance of each firm in the group drawn up to show the group's strong and weak points, and finally, anonymously published reports expressing their results in well-established ratios and percentages.
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