Which of the following are key benchmarks for setting financial goals?
A) the firm's historical performance
B) the performance of competitors
C) neither of the above
D) both of the above

Question

Quizplus · Accepted Answer

Both the firm's historical performance and the performance of competitors are key benchmarks for setting financial goals. Historical performance provides insight into what the firm has achieved in the past and areas for improvement, while competitor performance offers a gauge for industry standards and competitive positioning.

Which of the Following Are Key Benchmarks for Setting Financial