Mission statements should always tie back to the vision statement and should be incorporated into the infrastructure and service culture of an organization.
Answer the following statement true (T) or false (F)
True
Most successful organizations have written mission and vision statements that answer the questions of "What does the organization do?" and "Why does the organization exist?" Mission statements should tie back to the vision statement and should be incorporated into the infrastructure (e.g., HR policies and procedures) and service culture of an organization.
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Why is poor-quality systems documentation a prevalent problem?
How has the theoretical debate over ethics and organizational performance changed in recent years?
a. It increasingly considers ethical behavior as an aid to financial performance. b. It increasingly focuses on the choice between financial performance and ethical behavior. c. It increasingly acknowledges that ethical behavior has little impact on organizational performance. d. It focuses on the short-term benefits to financial performance of unethical action.
In the strategic planning process, what is the third stage in the process?
a. implementing and controlling strategies b. developing the mission c. developing strategies d. setting objectives
The following journal entry was included in the accounting records of Spica, Inc Oct. 15 Accounts Payable 4,000 Inventory 40 Cash 3,960 Based on this information, it is likely that Spica:
A) purchased inventory for cash. B) paid for inventory purchased on credit, and took advantage of a 1% purchase discount. C) sold inventory for cash. D) collected cash for inventory sold on credit, and recognized a 1% sales discount.