Which one of the following is not a characteristic of an effectively worded strategic vision statement?
A) Directional (is forward-looking, describes the strategic course that management has charted and the kinds of product-market-customer-technology changes that will help the company prepare for the future)
B) Easy to communicate (is explainable in 10 to 15 minutes, can be reduced to a memorable slogan)
C) Graphic (paints a picture of the kind of company management is trying to create and the market position or positions the company is striving to stake out)
D) Consensus-driven (commits the company to a "mainstream" directional path that most stakeholders will enthusiastically support)
E) Focused (is specific enough to provide guidance to managers in making decisions and allocating resources)
D) Consensus-driven (commits the company to a "mainstream" directional path that most stakeholders will enthusiastically support)
It is evident that an effectively worded vision statement is graphic, directional, focused, flexible, feasible, desirable, and easy to communicate. While consensus among stakeholders is helpful to adopting a vision statement, crafting that statement is within the purview of top managers.
You might also like to view...
Outputs of a purchasing process normally might include all of the following except:
a. purchase order b. PO inventory notification sent to the inventory system c. receiving report d. vendor invoice
Which profession has trouble finding work if a countries educational system has produced more than the country can employ?
a. Mechanics b. Engineers c. Accountant d. Doctors
A multiple channel queuing system with a Poisson arrival rate and exponential service time has an average arrival rate of 6 customers per hour and an average service time of 20 minutes per customer
What is the minimum number of servers required to avoid an overloaded system?
According to Henry Shue, firms are not in the business of protecting the interests of their workers, except when this is a means to accomplish the organizational objectives
a. True b. False