All of the Following Are Some Common Shortcomings in Mission

question 50

Multiple Choice

All of the following are some common shortcomings in mission statements, except

• A) they do not provide direction to decision makers when faced with product/market choices.
• B) they are not motivational.
• C) they are too broad and do not rule out any opportunity management might wish to pursue.
• D) they are externally focused instead of having an internal focus.

---

Definitions:

Energy-Use-To-GDP Ratio

A metric that compares a country's total energy consumption to its gross domestic product, indicating the energy efficiency of its economy.

Intraday Fluctuations

Variations in the price of stocks, commodities, or indexes within a single trading day, driven by market news, rumors, or trading activities.

Electricity Demand

The total amount of electrical power required by consumers and businesses at any given time.

Operating Costs

Expenses associated with the day-to-day functioning of a business, such as wages, rent, and utilities.