Which of the following statements is true of organizational visions?
A. Visions can exist only at the top of the organization.
B. A vision is still meaningful without any additional action.
C. A vision is optional for effective leadership.
D. A person can develop a vision for any task.
E. Visions primarily focus on performance and day-to-day survival.
Answer: D
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A. ?Unit of account B. ?Store of value C. ?Standard of deferred payments D. ?Medium of exchange
________ brands are positioned with respect to competitors' brands so that more important (and more profitable) flagship brands can retain their desired positioning
A) Flanker B) Attacker C) Defender D) Cash cow E) Simulation
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A. Decreases net income and decreases stockholders' equity. B. Increases stockholders' equity. C. Has no effect on net income or stockholders' equity. D. Increases net income.
The ________ are estimates of future demand for a company's products.
A) Operation plans B) PERT reports C) Resource plans D) Critical plans