Effectively communicating the strategic vision down the line to lower-level managers and employees has the value of
A) explaining "where we are going and why" and, more importantly, inspiring and energizing company personnel to unite to get the company moving in the intended direction.
B) helping company personnel understand why making a profit and having a business plan are so important.
C) making it easier for top executives to set and communicate the company's stretch objectives.
D) helping lower-level managers and employees better understand the company's business model.
E) aiding lower-level managers and employees in formulating and achieving a balanced scorecard.
Correct Answer:
Verified
Q28: A superior example of a company vision
Q29: Well-stated objectives are
A)quantifiable or measurable, and contain
Q30: The difference between the concept of a
Q31: A company needs financial objectives
A)to overtake key
Q32: The wording of a company's vision statement
Q34: Common shortcomings of company vision statements include
A)too
Q35: Breaking down resistance to a new strategic
Q36: An engaging and convincing strategic vision
A)ought to
Q37: Perhaps the most important benefit of a
Q38: The payoffs of having a strategic vision
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