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Which of the following is not a common shortcomings of company vision statement?

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Chapter 02 Charting a Company's Direction: Vision and Mission, Objectives, and Strategy Answer Key Multiple Choice Questions

Which of the following is not a common shortcomings of company vision statement?
Shamma Alfahim

When a company is confronted with significant industry change that mandates radical revision of its strategic course, the company is said to have encountered

Which of the following is not a common shortcomings of company vision statement?
1
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

Which one of the following is not an integral part of the managerial process of crafting and executing strategy?
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
Developing a strategic vision
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
Developing a proven business model
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
Setting objectives and crafting a strategy to achieve them
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
Monitoring developments, evaluating performance, and initiating corrective adjustments in the company's long-term direction, objectives, strategy, or execution
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
Implementing and executing the chosen strategy efficiently and effectively
Which of the following is not a common shortcomings of company vision statement?
2
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

A strategic vision for a company
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
involves how fast to pursue the chosen strategy and reach the targeted levels of performance.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
consists of thinking through what it will take to make the chosen strategy work as planned.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
is a road map that delineates management's view of the company's future-"where we are going and why."
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
spells out how the company is going to get from where it is now to where it want to go and when it is expected to arrive.
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
concerns management's view of how to transition the company's business model from where it is now to where it needs to be.
Which of the following is not a common shortcomings of company vision statement?
3
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

Which of the following is not an important consideration in deciding to commit to one directional path versus another?
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
Are changes presently under way in the market and competitive landscape acting to enhance or weaken the company's business outlook?
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
Where should we head in order to prove that our business model is viable and that our strategy is working?
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
Will the company's present business generate sufficient growth and profitability in the years ahead to please shareholders?
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
What, if any, new geographic markets and/or customer groups should the company get in position to serve?
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
What are our ambitions for the company-what industry standing do we want the company to have?
Which of the following is not a common shortcomings of company vision statement?
4
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

The difference between a company's mission statement and the concept of a strategic vision is that
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
the mission statement lays out the desire to make a profit, whereas the strategic vision addresses what strategy the company will employ in trying to make a profit.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
a mission statement deals with "where we are headed " whereas a strategic vision provides the critical answer to "how will we get there?"
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
a mission deals with what a company is trying to do and a vision concerns what a company ought to do.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
a mission statement typically identifies what the company's products or services are (what we do) and the customers and markets it serves (why we are here), whereas the focus of a strategic vision is on "where we are going and why."
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
a mission is about what to accomplish for shareholders whereas a strategic vision concerns what to accomplish for customers.
Which of the following is not a common shortcomings of company vision statement?
5
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

Which one of the following is not a characteristic of an effectively-worded strategic vision statement?
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
Directional (says something about the company's journey and destination and the kinds of business and strategic changes that will be forthcoming)
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
Inspirational (is worded in a motivational and stirring way that will garner enthusiastic and energetic support from company personnel and shareholders)
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
Graphic (paints a clear picture)
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
Easy to communicate (ideally, explainable in 10 minutes)
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
Focused and flexible (has specifics but stops short of a once-and-for-all-time pronouncement because the strategic path may need to be changed as events unfold)
Which of the following is not a common shortcomings of company vision statement?
6
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

Which of the following is a common shortcoming of company vision statements?
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
Incomplete or vague-short on specifics
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
Too reliant on superlatives (best, most successful, recognized leader, global or worldwide leader, first choice of buyers)
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
So broad that it really doesn't rule out pursuing most any opportunity management spots
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
Not distinctive-could apply to most any company (or at least several others in the same industry)
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
All of the above are common shortcomings
Which of the following is not a common shortcomings of company vision statement?
7
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

A company's values can relate to
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
how it will treat employees and customers and the importance the company places of teamwork.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
expectations that company personnel will exhibit integrity and fairness in conducting the company's business.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
the emphasis the company will place on innovativeness or quality or customer service.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
the company's beliefs in high ethical standards, socially responsible behavior, and giving back to the community.
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
All of the above.
Which of the following is not a common shortcomings of company vision statement?
8
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

When there's an order of magnitude change in a company's environment that dramatically alters its prospects and mandates radical revision of its strategic course, the company is said to have encountered
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
a strategic inflection point.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
a directional crossroads.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
a new strategic intent opportunity.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
a strategic roadblock that requires a new strategic vision and business model.
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
a quantum conflict between its strategy and its strategic vision (that usually requires changing both the vision and the strategy).
Which of the following is not a common shortcomings of company vision statement?
9
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

A company's objectives or performance targets
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
represent a managerial commitment to achieving quantifiable or measurable outcomes and results by a certain time and are needed for each all areas of the business that managers deem important to organizational success.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
are typically established after a company decides on a strategic vision and strategy so that they will entail performance targets that truly signal business success.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
are best stated in general terms (maximize profits, reduce costs, increase sales) rather than quantifiable terms (increase after-tax profits by 10% in 2 years, grow sales revenues by 20% annually) so that managers will have the latitude to adjust target outcomes to levels that can be achieved.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
should place far more emphasis on financial performance targets than strategic performance targets.
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
All of these.
Which of the following is not a common shortcomings of company vision statement?
10
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

Which of the following represents the best example of a strategic objective (as opposed to a financial objective)?
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
Achieve revenue growth of 10% annually
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
Increase market share from 17% to 22% within 3 years and achieve the lowest overall costs of any producer in the industry
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
Boost earnings per share by 15% annually by offering customers the widest selection of products in the industry
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
Achieve a AA bond rating within 2 years and an annual cash flow of $500 million
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
Increase the company's return on invested capital from 13.5% to 15.0% within 2 years by paying more attention to reducing costs
Which of the following is not a common shortcomings of company vision statement?
11
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

Establishing and achieving strategic objectives merits very high priority on management's agenda because
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
trading off better financial performance for building a stronger competitive position provides better benefits to shareholders in both the short-run and the long-run.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
a company can't have a shrewd strategic vision without having aggressive and competitively astute strategic objectives.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
the surest path to sustained future profitability is successfully pursuing actions that strengthen a company's competitiveness and market position.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
well-chosen strategic objectives are essential to a well-crafted strategy
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
a company cannot achieve its strategic intent and strategic vision or gain a competitive advantage over rivals without having and achieving strategic objectives.
Which of the following is not a common shortcomings of company vision statement?
12
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

Which of the following statements about objectives is false?
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
A company's managers are well-advised to give the achievement of financial objectives a much higher priority than the achievement of strategic objectives.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
Companywide objectives need to be broken down into performance targets for each separate business, product line, functional department, and individual work unit because company performance can't reach full potential without each area of the organization doing its part and contributing directly to the desired companywide outcomes and results.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
A "balanced scorecard" for measuring company performance views financial performance measures as lagging indicators that reflect the results of past decisions and organizational activities and views strategic performance measures as leading indicators of a company's future financial performance.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
Objectives should be set at high enough levels to stretch an organization to reach its full potential.
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
A company's objectives function as yardsticks for tracking an organization's performance and progress and should be quantifiable or measurable and contain a deadline for achievement.
Which of the following is not a common shortcomings of company vision statement?
13
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

A balanced scorecard for measuring company performance
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
entails balancing the pursuit of good bottom-line profit against the pursuit of non-profit objectives (although achieving profitability targets is nearly always given greater emphasis).
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
involves putting equal emphasis on the achievement of financial objectives, strategic objectives, and social responsibility objectives.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
entails setting both financial and strategic objectives and putting balanced emphasis on their achievement.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
helps prevent the pursuit of strategic objectives from dominating the pursuit of financial objectives.
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
is necessary in order to prevent the drive for achieving financial objectives from weakening the attention paid to social responsibility, community citizenship, and other worthy goals.
Which of the following is not a common shortcomings of company vision statement?
14
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

A company exhibits strategic intent when
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
it pursues its strategic vision.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
it relentlessly pursues an ambitious strategic objective and concentrates its full resources and competitive actions on achieving that objective.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
it adopts a strategic plan and tries to execute it.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
it sets objectives and pursues their achievement.
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
All of the above.
Which of the following is not a common shortcomings of company vision statement?
15
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

The task of crafting a strategy is
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
the function and responsibility of a few high-level executives.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
more of a collaborative group effort that involves all managers and sometimes key employees striving to arrive at a consensus on what the overall best strategy should be.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
the function and responsibility of a company's strategic planning staff.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
a job for a company's whole management team-senior executives plus the managers of business units, operating divisions, functional departments, manufacturing plants, and sales districts (as per the strategy-making pyramid shown in Figure 2.2).
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
first and foremost the function and responsibility of a company's board of directors.
Which of the following is not a common shortcomings of company vision statement?
16
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

A company's overall strategy
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
is really a collection strategic initiatives and actions devised by managers and key employees up and down the whole organization.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
consists of its strategic vision, mission statement, financial and strategic objectives, and strategic initiatives undertaken from the top to the bottom of its strategy-making pyramid (see Figure 2.2).
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
consists of corporate strategy, business-level strategies, functional strategies, and operating strategies when the company has diversified and operates a group of businesses.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
consists of its diversification strategy, line of business strategies, and operating strategies.
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
Both A and C are correct.
Which of the following is not a common shortcomings of company vision statement?
17
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

Business strategy, as distinct from corporate strategy, is chiefly concerned with
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
establishing business positions in different industries.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
forging a series of actions and approaches that hold promise for producing successful performance in one specific line of business.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
boosting the combined performance of the set of businesses a company may have diversified into.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
striving to capture cross-business synergies and turn them into competitive advantage.
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
adapting a company's business model to changing market conditions.
Which of the following is not a common shortcomings of company vision statement?
18
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

Functional strategies
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
describe the mission and strategic intent of each key functional piece of the business.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
concern what to do about resolving the specific strategic issues and operating problems a business confronts in each key part of its business-R&D, production, sales and marketing, finance, information technology, human resources, and so on.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
are normally crafted by the executive in charge of the overall business and approved by the company's board of directors.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
add relevant detail to the overall business strategy by setting forth the actions, approaches, and practices to be employed in managing a particular functional activity or business process or key department within a business.
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
are concerned with what competitive capabilities to build in support of the overall company strategy and what to do to unify the firm's skills, competencies, and resource strengths across all the various key pieces of a company's business.
Which of the following is not a common shortcomings of company vision statement?
19
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

Operating strategies concern
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
what a company's various operating departments plan to do to help execute the company's overall strategy.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
the strategic intent of each operating unit.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
the game plans for managing key operating units within a business (plants, sales districts, distribution centers) and for performing strategically significant operating tasks (maintenance, shipping, inventory control, purchasing, advertising) so as to support functional strategies and the overall business strategy.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
the specific actions a company's various operating departments plan to take to unify efforts to achieve a sustainable competitive.
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
All of these.
Which of the following is not a common shortcomings of company vision statement?
20
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

A company's strategic plan consists of
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
its objectives and its strategy for achieving them.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
management's vision of where the company is headed, the established financial and strategic objectives, and management's strategy to achieve the objectives and move the company along the chosen strategic path.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
a company's strategic vision, strategic objectives, strategic intent, and strategy.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
an organization's strategy and management's specific, detailed plans for implementing it.
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
the specific actions management intends to take in detouring strategic inflection points and achieving a sustainable competitive advantage.
Which of the following is not a common shortcomings of company vision statement?
21
Which of the following is not a common shortcomings of company vision statement?
Which of the following is not a common shortcomings of company vision statement?

The role of a company's board of directors in the strategy-making, strategy-executing process is to
Which of the following is not a common shortcomings of company vision statement?
A)
Which of the following is not a common shortcomings of company vision statement?
direct senior executives as to what the company's long-term direction, objectives, business model, and strategy should be and, further, closely supervise senior executives in their efforts to implement and execute the strategy.
Which of the following is not a common shortcomings of company vision statement?
B)
Which of the following is not a common shortcomings of company vision statement?
exercise strong oversight over the company's strategic direction and the major elements of its strategy.
Which of the following is not a common shortcomings of company vision statement?
C)
Which of the following is not a common shortcomings of company vision statement?
evaluate the caliber of senior executives' strategy-making and strategy-implementing skills.
Which of the following is not a common shortcomings of company vision statement?
D)
Which of the following is not a common shortcomings of company vision statement?
work closely with the CEO, senior executives, and the strategic planning staff to develop a strategic plan for the company; rubber stamp the proposals and recommendations of the CEO as to how to execute the business model and achieve the strategic intent; and ensuring that the strategy-making/strategy-executing process is carried out in a manner that benefits shareholders.
Which of the following is not a common shortcomings of company vision statement?
E)
Which of the following is not a common shortcomings of company vision statement?
Both B and C.

Which of the following is a common shortcoming of company vision statements?

Which of the following are common shortcomings of company vision statements? From Table 2.3, it is evident that an ineffectively worded vision statement is not forward-looking, too broad, bland or uninspiring, not distinctive, and overly reliant on superlatives.

Which of the following is not a characteristics of an effective vision statement?

Answer and Explanation: The correct answer is A. The strategic vision statement of an organization need not be consensus driven. The vision statement of a company does not give a mainstream direction to the company but gives it a general direction in which the business should be taken.

Which one of the following is not an accurate attribute of an organization's strategic vision quizlet?

Which one of the following is NOT an accurate attribute of an organization's strategic vision? Outlining how the company intends to implement and execute its business model.

Which statement is true about a company's vision?

A vision statement characterizes the companies strategy. It keeps employees and employers motivated and inspired towards achieving the common goal. Hence, option (A) is true. A vision statement of a company concentrates on the future.

common shortcomings company vision statement

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Which of the following are common tasks in data science? (select all that apply)

Which of the following is a common way to assess speed of information processing
Which of the following is a common way to assess speed of information processing

Which is a common cystic fibrosis complication caused by pulmonary hypertension?
Which is a common cystic fibrosis complication caused by pulmonary hypertension?

Which of the following is one of the most common concerns about the Cannon Bard theory?
Which of the following is one of the most common concerns about the Cannon Bard theory?

Exhibiting a personality that ________ is a common characteristic of all personality disorders.
Exhibiting a personality that ________ is a common characteristic of all personality disorders.

What are the three common organization patterns used for problem solving speeches?
What are the three common organization patterns used for problem solving speeches?

In what circumstances is an auditor potentially liable for negligence under common law to a third party?
In what circumstances is an auditor potentially liable for negligence under common law to a third party?

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