A positive relationship between vision statements and firm performance is more likely to exist when
A) visions are product-oriented.
B) internal stakeholders are isolated from defining and revising the visions.
C) organizational structures are aligned with the firm's vision statement.
D) vision statements are equivalent to listening to the customers.

Question

Quizplus · Accepted Answer

A positive relationship between vision statements and firm performance is more likely to exist under certain circumstances: if the vision is customer-oriented, if internal stakeholders are invested in defining and revising the vision, and if organizational structures such as compensation systems are aligned with the firm's vision statement.

A Positive Relationship Between Vision Statements and Firm Performance Is