Describe a vision and its significance to leadership


A vision is a vivid concept of what an organization could be. A vision is a striking

depiction of possibilities, of potential. Establishing a vision implies both the intellectual and emotional work of conceiving the vision and the interpersonal and managerial work of communicating the vision to the organization and leading employees to embrace it, and this process is the responsibility of leadership.

Business

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________ activities include those the company undertakes to make the product accessible and available to target customers

A) Line extension B) Segmentation C) Marketing research D) Channel E) New-product development

Business

Mongar Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below: Original BudgetActual CostsVariable overhead costs:      Supplies$7,980 $8,230 Indirect labor 29,820  29,610 Total variable manufacturing overhead cost$ 37,800 $ 37,840 The original budget was based on 4,200 machine-hours. The company actually worked 4,350 machine-hours during the month and the standard hours allowed for the actual output were 4,190 machine-hours. What was the overall variable overhead efficiency variance for the month?

A. $950 Favorable B. $130 Unfavorable C. $1,310 Favorable D. $1,440 Unfavorable

Business

Members of Generation Y are idealistic and eager to get started making the world a better place. One way they hope to achieve their goal is through ________.

A. educational reform B. environmental sustainability C. intergenerational dialogue D. political activism E. fiscal conservatism

Business

In the context of the classical approaches to management, the systematic management approach led to widespread production efficiency.

Answer the following statement true (T) or false (F)

Business