interfirm comparison makes possible the fullest utilization of available
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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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