The process of identifying other organizations that are best at some facet of your operations and then modeling your organization after them is known as: continuous improvement. employee empowerment. benchmarking. copycatting. patent infringement.

The correct answer is letter "C": benchmarking.

Explanation:

Benchmarking is the continuous process by which products, services or processes of leading companies are taken into consideration to compare them to the firm carrying out the study and ultimately improve and implement them. Benchmarking is not about copying what other firms are doing but learning what leading companies are doing so those practices can be adapted to another organization. There are three types of benchmarking: competitive, inner, and functional.

answer; /// i believe the correct answer is first in, first out(fifo); //

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.