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

Question

1. The administrative part of the adaptive cycle focuses on establishing roles and organizational processes. 
2. In an organization's approach to planning, its mission and vision statements should be created once the strategic planning process is complete. 
3. Determining an organization's mission is the responsibility of top management and the board of directors. 
4. A vision has a clear sense of the future and the actions needed to get there. 

Answer 1

1. TRUE
The adaptive cycle portrays businesses as continuously cycling through decisions about three kinds of business problems: (1) entrepreneurial (selecting and making adjustments of products and markets), (2) engineering (producing and delivering the products), and (3) administrative (establishing roles, relationships, and organizational processes).
2. FALSE
An organization should express its mission and vision, and from these are derived the strategic plans.
3. TRUE
Determining the mission is the responsibility of top management and the board of directors. It is up to them to formulate a mission statement, which expresses the purpose of the organization.
4. TRUE
A vision is a long-term goal describing "what" an organization wants to become. It is a clear sense of the future and the actions needed to get there.