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Strategic Management

Business

Quiz 2 :

The Business Vision and Mission

Quiz 2 :

The Business Vision and Mission

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Which component of a mission statement addresses the firm's distinctive competence or major competitive advantage?
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Answer:

E

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Which group would not be classified as a stakeholder?
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Answer:

A

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Who is referred to as "the father of modern management?"
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Answer:

D

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According to Drucker,when is the best time to develop a mission statement?
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In the process of developing a mission statement,it is important to involve
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According to the comprehensive strategic- management model,which step needs to be completed immediately following the establishment of long- term objectives?
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After a draft mission statement has been developed,it is important to
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The vision statement answers which of the following questions?
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Effective mission statements can vary in
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What is needed before people can focus on specific strategy formulation activities when developing a mission statement?
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Which of these examples of a mission statement's focus area is not effective?
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The three characteristics of a mission statement are a declaration of attitude,a declaration of social policy and
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What is the first step in the comprehensive strategic- management model?
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Which country has the lowest percentage of foreign workers to the total population?
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Corporate social policy should be designed and articulated during which phase of strategy development?
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A proactive environmental policy is likely to lead to
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In regard to its elderly workforce,Japan varies from the United States in that
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All stakeholders
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The ideal length of a vision statement is
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According to McGinnis,a mission statement should be all of the following except
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