14.Which one of the following is nota characteristic of an effectivelyworded strategic vision statement?A.Directional (is forward-looking, describes the strategic course thatmanagement has charted and the kinds of product-market-customer-technology changes that will help the company preparefor the future)B.Easy to communicate (is explainable in 10 to 15 minutes, can bereduced to a memorable slogan)C.Graphic (paints a picture of the kind of company management istrying to create and the market position or positions the companyis striving to stake out)D.Consensus-driven (commits the company to a "mainstream"directional path that most all stakeholders will enthusiasticallysupport)E.Focused (is specific enough to provide guidance to managers inmaking decisions and allocating resources) Show AACSB: AnalyticBlooms: RememberDifficulty: 2 MediumLearning Objective: 02-01 Grasp why it is critical for company managers to have a clear strategic vision of We have textbook solutions for you! The document you are viewing contains questions related to this textbook. Managerial Accounting Warren/Tayler Expert Verified Full file at -Advantage-3rd-Edition-Gamblewhere a company needs to head and why.Topic: Developing a Strategic Vision15.Which of the following is nota common shortcoming of companyvision statements? Get answer to your question and much more AACSB: AnalyticBlooms: RememberDifficulty: 2 MediumLearning Objective: 02-01 Grasp why it is critical for company managers to have a clear strategic vision ofwhere a company needs to head and why.Topic: Developing a Strategic Vision16.Which of the following are common shortcomings of company visionstatements? Get answer to your question and much more AACSB: AnalyticBlooms: RememberDifficulty: 2 MediumLearning Objective: 02-01 Grasp why it is critical for company managers to have a clear strategic vision ofwhere a company needs to head and why.Topic: Developing a Strategic Vision Full file at -Advantage-3rd-Edition-Gamble Upload your study docs or become a Course Hero member to access this document Upload your study docs or become a Course Hero member to access this document End of preview. Want to read all 55 pages? Upload your study docs or become a Course Hero member to access this document Which of the following are characteristics of an effectively worded vision statement?Which of the following are characteristics of an effectively worded strategic vision statement? From Table 2.2, it is evident that an effectively worded vision statement is graphic, directional, focused, flexible, feasible, desirable, and easy to communicate.
What are characteristics of effective vision statements?Brevity. A good vision statement is succinct, which makes it easy for managers and leaders to communicate and employees to remember. ... . Clarity. ... . Abstract and Challenging. ... . States the Organization's Purpose. ... . Future Focused. ... . Sets a Desirable Goal. ... . Matches the Organization's Success Measures.. What is a strategic vision statement?A strategic vision delineates management's aspirations for the company's future, providing a panoramic view of “where we are going” and a convincing rationale for why this makes good business sense.
What are the key elements of a strategic vision?7 Important Elements of a Strategic Plan. Vision Statement.. Mission Statement.. Core Values.. SWOT Analysis.. Long-Term Goals.. Yearly Objectives.. Action Plans.. |
Which one of the following is not a characteristic of an effectively worded strategic vision statement?
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