Illustrate role of concept of Strategic target in a company

Illustrate the role of the concept of Strategic target in a company?

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The Concept of Strategic target: The company’s objectives sometimes perform another role – that of signaling unique strategic intent to build quantum gains in competing against main rivals and launch itself as a definite winner in the marketplace, often alongside long odds. A company’s strategic aim can entail becoming the leading company in the industry, deposing the existing industry head, delivering the most excellent consumer service of any company in the industry or the world or turning a new technology into products capable of altering the way in which people work and live.

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