Question: When Bio - Tech Company sets goals for sales and profit for next year, the company compares its future goals with its targets in the

When Bio-Tech Company sets goals for sales and profit for next year, the company compares its future goals with its targets in the past and also with the industry averages. Which of the following standards does the company use?
Group of answer choices
Engineering standards and comparative standards
Historical standards and engineering standards.
Comparative standards and historical standards.
Industry standards and engineering standards.

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