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Transcription of this question: 4.(a)(b)(c)(d)Define the following terms:(i) benchmarking (line 3 7)(ii) collective bargaining (line 46).With reference to members Of the Holstein family, distinguish between scientificand intuitive decision-making processes.With reference to RDB, explain the differences between strategic analysis andstrategic implementation.TO what extent is Anna Holstein’s “RDB 2020” strategic plan consistent with afocus on corporate social responsibilityAdditional information for question 2(b) and 2(c)Selected financial data from RDBS end Of year profit and loss accounts (all figures in €000000)Cost of ods soldSales revenue1970553011819759243164Selected financial data from RDBS end Of year balance sheets (all figures in €000000)CashCurrent liabilitiesDebtorsLong-term liabilitiesStock1970251619304619753226285164

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