Question

After critical success factors have been identified, the next step in developing a competitive strategy is to develop relevant and reliable measure for these critical success factors. These measures are important to help the organization:

Answer 1

These measures are important to help the organization monitor progress toward achieving strategic goals.

What is a Staretegic Goal?

This refers to aims and objectives of a business and the steps it takes to achieve them.

Hence, we can see that the next step to take after the critical success factors have been identified is to develop competitive strategy that would help to monitor progress toward achieving strategic goals.

Read more about the strategic goals here:

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