Which one of the following is not a characteristic of an effectively worded strategic vision statement?
A) Directional (is forward-looking,describes the strategic course that management has charted and the kinds of product-market-customer-technology changes that will help the company prepare for the future)
B) Easy to communicate (is explainable in 10 to 15 minutes,can be reduced to a memorable slogan)
C) Graphic (paints a picture of the kind of company management is trying to create and the market position or positions the company is striving to stake out)
D) Consensus-driven (commits the company to a "mainstream" directional path that most stakeholders will enthusiastically support)
E) Focused (is specific enough to provide guidance to managers in making decisions and allocating resources)
Correct Answer:
Verified
Q1: The strategy formulation,strategy execution process
A)is usually delegated
Q2: A company's strategic plan consists of
A)its balanced
Q3: Management's strategic vision for an organization
A)charts a
Q6: Top management's views about where the company
Q7: Which of the following questions is not
Q8: Which one of the following is not
Q9: Which of the following is an integral
Q10: Well-conceived visions are
A)vague and indefinite,to allow room
Q11: When a company is confronted with significant
Q17: The strategic management process is shaped by
A)management's
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