Characteristics of an effectively worded strategic vision statement are most likely to include

A. achievable, profitable, and ethical.
B. balanced, responsible, and rational.
C. realistic, customer-focused, and market-driven.
D. challenging, competitive, and "set in concrete."
E. graphic, directional, and focused.


Answer: E

Business

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The unit of measure concept:

A) is only used in the financial statements of manufacturing companies. B) is not important when applying the cost concept. C) requires that different units be used for assets and liabilities. D) requires that economic data be reported in yen in Japan or dollars in the U.S.

Business

Which of the following is often imposed by governments on multinational companies operating in their countries?

A) laws regarding product diversity B) laws regarding tax exemptions C) laws regarding minimal profits D) laws regarding quality control E) law regarding promotional strategies

Business

What actions, behaviors, and work practices that are conducive to good strategy implementation support the strategy execution effort?

A. focusing the attention of employees on what is most important, insisting that official policies and procedures be followed religiously, and using peer pressure to company personnel to perform B. enhancing worker productivity and buy-in, focusing the attention of employees on what is most important, and ensuring adherence to the company culture C. energizing the workforce, ensuring that personnel memorize the company values statement and code of ethics, and achieving competitive advantage D. using peer pressure to company personnel to perform, enhancing worker productivity and buy-in, and focusing the attention of employees on what is most important E. providing for greater strategic flexibility, using peer pressure to company personnel to perform, and energizing the workforce

Business

________ is a remedy that allows a seller to ascertain requirements himself when the buyer fails to supply them as required by the contract or within a reasonable time after the seller requests them

A. Missing specifications B. Special performance C. Nachfrist notice D. Suspension of performance

Business