A vision describes in broad, inspirational terms what an organization hopes to accomplish in the future.
Answer the following statement true (T) or false (F)
True
A vision captures an organization's aspiration and spells out what it ultimately wants to accomplish. An effective vision pervades the organization with a sense of winning and motivates employees at all levels to aim for the same target, while leaving room for individual and team contributions.
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______________ managers focus only on their own goals and the goals of the company and consider legal requirements as constants or barriers that are ignored when their corporate actions are implemented.
a. Emoral b. Immoral c. Amoral d. Moral
A corporation has $5,000,000 of 8 percent preferred stock outstanding and a 40 percent tax rate. The after-tax cost of the preferred stock is ________
A) $400,000 B) $240,000 C) $666,667 D) $160,000
Organizational design is a process that involves decisions about ________.
A. work specialization and cost-leadership B. chain of command and span of control C. centralization and differentiation D. departmentalization and diversification
What is the nature of water transportation and trace the developmental importance of the mode