A ________ Documents an Organization's Purpose-What It Wants to Accomplish

question 34

Multiple Choice

A ________ documents an organization's purpose-what it wants to accomplish in the larger environment.

• A) vision statement
• B) mission statement
• C) business portfolio
• D) value proposition
• E) product strategy

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Definitions:

Spiraling Failure

A situation where a series of failures reinforce one another, leading to a deteriorating condition.

Mission Devolution

The process of delegating operational responsibilities and decision-making authority from central leadership to local offices or departments within an organization.

Retrenchment

A strategy used by organizations to reduce their scale or scope in response to financial pressures, often involving cost-cutting measures and reductions in workforce.

Organizational

Relating to the structure or functioning of an organization or the collective group organized for a particular purpose.