After a Draft Mission Statement Has Been Developed, It Is

question 48

Multiple Choice

After a draft mission statement has been developed, it is important to

• A) ask managers to read several articles about mission statements as background information.
• B) vote on the mission statement.
• C) ask managers to prepare a mission statement for the organization.
• D) ask managers to seek support for the mission statement from their subordinates.
• E) request modifications, additions, and deletions to the mission statement.

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Definitions:

Long Production Runs

Extended periods of continuously producing the same product, which often leads to economies of scale and reduced costs per unit.

Operations Strategy

A plan that outlines how an organization will allocate resources to support infrastructure and production to meet business objectives.

Competitive Strategy

Strategic approaches that organizations adopt to gain an advantageous position over their competitors in the market.

Automation

The technology by which a process or procedure is performed without human assistance.