Which of the Following Statements About a Vision and Mission

question 77

Multiple Choice

Which of the following statements about a vision and mission is true?

• A) A firm's vision is more concrete than its mission.
• B) The mission points the firm in the direction of where it would like to be in the years to come.
• C) A vision statement should be clearly tied to the conditions in the firm's external environment and internal organization.
• D) The mission deals more directly with capital markets.

---

Definitions:

Institutional Buy

A purchase made by an institution or organizational entity, often involving large quantities of items or significant investment.

County Institutions

Organizations or establishments operated at the county level, which could include government offices, public services, or community programs.

Public Highways

Roads or thoroughfares that are maintained by the government for the public to use for transportation.

High-involvement Product

A product that requires significant customer thought and research before purchase due to its higher price or personal importance.