______________are the targets that managers use to measure whether their firm has developed the core competencies that it needs to achieve a sustainable competitive advantage.
A) Strategic reference points
B) Strategic focus points
C) Differentiation targets
D) Imperfectly imitable resources
E) Strategic monitors

Question

Quizplus · Accepted Answer

Strategic reference points are the targets that managers use to compare their firm's performance against that of their rivals to measure whether their firm has developed the core competencies it needs to achieve a sustainable competitive advantage. These reference points can include industry averages, competitors' performance, or the firm's historical performance. By setting these targets, managers can develop strategies and allocate resources to achieve a sustainable competitive advantage.

______________Are the Targets That Managers Use to Measure Whether Their