Course Hero Logo

Which one of the following is not a characteristic of

Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 6 - 8 out of 25 pages.

25.) Which one of the following is not a characteristic of an effectively worded strategic vision statement (see Table2.2)?a) Directional (is forward-looking; describes the strategic course that management has charted and the kinds ofproduct-market-customer-technology changes that will help the company prepare for the future)b) Concrete and unambiguous (leaves no doubt as to what the company is trying to accomplish for shareholders)c) Graphic (paints a clear picture)d) Easy to communicate (ideally, explainable in 10 minutes)
6
7Answer: b
26.) According to both the text discussion and the summary in Table 2.3, which of the following is not a commonshortcoming of company vision statements?
27.) When trade-offs have to be made between achieving long-term and achieving short-term objectives,
28.) Establishing and achieving strategic objectives merits very high priority on management's agenda because

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 25 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
Michael Hadden
Tags
Volkswagen, strategic initiatives

Newly uploaded documents

Show More

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture