Which of the following statements about the strategic reference point theory is true?
A) The theory does not consider risk factors.
B) The theory is deterministic.
C) The theory may lead to bureaucratic management.
D) This theory recommends that managers do not change strategic reference points.
E) None of these statements about the Strategic Reference Point Theory is true.

Question

Quizplus · Accepted Answer

A strategic reference point is defined as the strategic targets that managers use to measure whether a firm has developed the core competencies it needs to achieve a sustainable competitive advantage. None of these statements are accurate regarding strategic reference points.

Which of the Following Statements About the Strategic Reference Point