Bull's-Eye, a regional discount retailer, carefully watches and compares its operations with the operations of its closest rivals. This firm does:

Question

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Bull's-Eye uses competitive benchmarking to monitor and compare its operations with its closest rivals. This helps the firm to identify its strengths and weaknesses and make necessary improvements to stay competitive in the market. Outsourcing, functional positioning, and core competency ranking are different management techniques that are not directly related to benchmarking and monitoring competitors.

Bull's-Eye, a Regional Discount Retailer, Carefully Watches and Compares Its