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- What are the best practices for utilizing industry benchmarks to conduct competitive analysis and inform strategic business decisions?
**What are Industry Benchmarks and Why are They Important?
- This question addresses potential difficulties organizations might face while using industry benchmarks, such as data availability, selecting appropriate benchmarks, and the impact of geographical or sector-specific factors on comparability.?
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2. **How does a board effectively evaluate and improve its oversight function to adapt to changing regulatory, market, and technological environments?
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