The payoffs of clear vision statement include

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Reference no: EM132210311

1. The payoffs of a clear vision statement include

A. a strengthened mission to ensure day to day quality in the marketplace

B. greater ability to avoid strategic infelction points

C. helping the organization prepart for the future

D. crystallizing employee views about the company's current performance

2. Which one of the following is a primary focus of a company's strategy?

A. How to increase the comapny's stock price to benefit shareholders

B. How to leverage past successes to achieve profitability

C. How to determin the company's overall offering to employees

D. How to attact and please customers

3. Which of the following choices provides a way of achieving lasting success with a company's strategy?

A. Actions to capture emerging market opportunities and defend against external threats to the company's business prospects

B. Management actions to revise the comapny's financial and strategic performance targets

C. Actions to reduce overhead and lay off potential "dead weight"

D. Implementation of a strategic employee performance review plan in line with the mission

4. When France wanted to reduce VCR imports, it established elaborate procedures for importers to obtain customs clearances on shipments of VCR's and required importers to obtain special licenses to import these products. This is an example of a(n) ________.

5. When the quantity of a product or service that a seller is willing to provide matches the quantity that buyers will buy, the ________ is established.

Reference no: EM132210311

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