______________Are the Targets That Managers Use to Measure Whether Their

question 3

Multiple Choice

______________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

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Definitions:

Nonfinancial Businesses

Nonfinancial businesses are companies that primarily focus on producing goods and providing services unrelated to the financial services sector.

Real Asset(s)

Physical or tangible assets that have intrinsic value due to their substance and properties, such as real estate, commodities, and natural resources.

Primary Market

The financial market for new securities issues, where corporations sell new stocks and bonds directly to investors.

New Issues

Securities that are offered to the public for the first time through an initial public offering (IPO) or a secondary offering.