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In what instances is baselining or benchmarking superior to cost benefit analysis?
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- Describe what is meant by the term Key Success Factors (KSFs). Then, discuss how they are derived (where they come from)..A Summary of Purchasing Measurement and EvaluationCharacteristics?Assume you are responsible for developing a benchmarking program. Describe how you would go about establishing the benchmarking process. Be sure to also address the critical issues you must address.