What is the main question that a vision statement should answer?
Declaraciones de Visión y Misión

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Business
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University
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Hard
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1.
FLASHCARD QUESTION
Front
Back
What do we want to become?
2.
FLASHCARD QUESTION
Front
Which of these is a key component of a mission statement? Stock price objectives, Employee vacation policies, Concern for public image, Office locations
Back
Concern for public image
3.
FLASHCARD QUESTION
Front
According to Drucker, when is the most critical moment to define a business's mission?
Back
When the company is successful
4.
FLASHCARD QUESTION
Front
Which company had its vision statement criticized for being too vague about its business? Options: Samsung, Dell, PepsiCo, L'Oreal
Back
PepsiCo
5.
FLASHCARD QUESTION
Front
What is a common mistake when drafting mission statements?
Back
Focus only on profitability
6.
FLASHCARD QUESTION
Front
What benefit does NOT align with having a clear mission statement? Options: Resolve divergent opinions among managers, Provide a basis for resource allocation, Improve employee morale
Back
Ensure an annual growth of 10%
7.
FLASHCARD QUESTION
Front
What did Reuben Mark (CEO of Colgate) emphasize about vision statements?
Back
They must inspire globally
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