Accountancy, asked by sabirmulani09, 1 month ago

interfirm comparison makes possible the fullest utilization of available

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Answered by yayapearlimsong20
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Answered by Anonymous
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Interfirm comparison:

  • "A management strategy that allows an organization to compare its performance to the performance of other units engaged in the same activity."
  • Inter-firm comparison is a method of comparing the relative performance, efficiency, costs, and profitability of different firms in the same industry that are engaged in the same line of business.
  • It is impossible to compare firms unless they are compared to one another.
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