Which Key Element Must Be Specified by a Visionary Organization

question 53

Multiple Choice

Which key element must be specified by a visionary organization?

• A) Exceed financial goals
• B) Set a direction
• C) Establish detailed marketing tactics
• D) Assign job responsibilities
• E) Establish an organizational chart

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Definitions:

Financial Statements

Records that outline the financial activities and condition of a business, person, or other entity.

Proprietary Fund

A type of fund used in governmental accounting that is used to account for activities similar to those found in the private sector, where the payment of fees by external users for goods or services provided by the fund is the principal source of revenue.

Special Tax Levy

A tax imposed for a specific purpose, often by local or state governments, beyond regular taxing mechanisms.

Environmental Preservation

Actions and policies aimed at protecting the natural environment from degradation and pollution to ensure its health and sustainability for future generations.