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There are numerous ways benchmarking can prove to be invaluable to any company such as one that is facing labor changes, contract disputes or internal restructuring, just to name a few. This paper will illustrate the many ways in which benchmarking enhances company performance on a multitude of levels.
Communication
Good communications between executive staff members of Global Communications and its stakeholders such as the board of directors and particularly the labor union were severely lacking. Ultimately this caused serious if not catastrophic problems for Global Communications. In large part maintaining good communications between executives of companies and their stakeholders may mean the difference between the success and failure of the company...
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Common topics in this essay:
- Are Public companies more unethical than Private companies?
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