Which of the Following Is One of the Five Major

question 69

Multiple Choice

Which of the following is one of the five major characteristics of good mission statements?

• A) They focus on a large number of goals.
• B) They expand the range of individual employee discretion.
• C) They define the major competitive spheres within which the company will operate.
• D) They take a short-term view.
• E) They are long and comprehensive to ensure that all critical concepts are included.

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Definitions:

Margin of Error

A statistic expressing the amount of random sampling error in a survey's results.

Sample Mean

The average value of a set of observations derived from a sample.

Standard Deviation

An indicator of the spread or distribution range of a collection of data points, showing how far apart the values in the set are from each other.

Margin of Error

The maximum amount by which the sample results are expected to differ from the true population value.