This is the correct answer. D. Mission statements should be employee-oriented first and foremost and shareholder-oriented secondarily. E. A single-division organization could have several mission statements for different purposes. There is no one best mission statement for a particular organization.
Mission statements should not be published for competitors to see. Your answer is not correct. B. An effective mission statement paves the way for an effective vision statement. C. There is no one best mission statement for a particular organization. This is the correct answer. D.
A benefit of developing a comprehensive mission statement is that divergent views among managers can be revealed and resolved through the process. yes When should a vision statement reveal the type of business in which the firm engages? Always Which of the following statements is TRUE? A.
In multidivisional organizations, should divisional units perform strategic-management tasks, including the development of their own statement of vision and mission? yes Does including the word "customer" in a mission statement ensure the statement includes the customer component?
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The process of crafting and executing a company's strategy primarily consists of all of the following EXCEPT Multiple Choice monitoring developments, evaluating performance, and initiating corrective adjustments in the company's vision, mission, objectives, and strategy.
An overly general mission statement that _____ could be dysfunctional. A) does not exclude any strategy alternatives B) encourages management creativity C) excludes all diversification D) endorses the consideration of feasible potential strategies E) allows for the generation and consideration of a range of alternative objectives A) does not exclude any strategy alternatives
A good mission statement allows for the generation and consideration of a range of feasible alternative objectives and strategies without unduly stifling management creativity.
An overly general mission statement that does not exclude any strategy alternatives could be dysfunctional.
Vision statements should pass the 5 out of 5 test.
Some companies develop mission statements simply because owners or top management believe it is fashionable to do so rather than out of any real commitment.
A benefit of developing a comprehensive mission statement is that divergent views among managers can be revealed and resolved through the process.
Mission statements should not be published for competitors to see.
All elements of the strategic planning process can change over time except one element that almost never changes. What is that element?
A good mission statement allows for the generation and consideration of a range of feasible alternative objectives and strategies without unduly stifling management creativity.
An overly general mission statement that does not exclude any strategy alternatives could be dysfunctional.
Vision statements should pass the 5 out of 5 test.
Some companies develop mission statements simply because owners or top management believe it is fashionable to do so rather than out of any real commitment.
A benefit of developing a comprehensive mission statement is that divergent views among managers can be revealed and resolved through the process.
Mission statements should not be published for competitors to see.
All elements of the strategic planning process can change over time except one element that almost never changes. What is that element?