Which Statement Is True Concerning a Vision Statement

question 43

Multiple Choice

Which statement is true concerning a vision statement?

• A) People must associate the vision with something they can see and hear.
• B) The more complicated the vision statement, the more motivating it will be.
• C) Effective vision statements avoid reference to individuals' core values.
• D) Effective vision statements must be unimaginable.

Identify effective crisis response strategies for companies.

Understand employee empowerment strategies and their significance.

Recognize the different types of spaces in interpersonal communication.

Understand the importance of team diversity and mutual accountability in achieving team objectives.

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Definitions:

Diseconomies of Scale

Increases in cost per unit when output increases, resulting from factors such as management challenges, inefficiencies, and communication problems as firms grow larger.

Large-Scale Business

An enterprise or organization that operates on a significant scale, typically involving extensive operations, large numbers of employees, or substantial revenue.

Diseconomies of Scale

The phenomenon where production costs increase as a firm or industry grows, leading to reduced efficiency and higher per-unit costs.

Law of Diminishing Returns

The principle that adding more of one factor of production, while keeping others constant, will eventually yield lower per-unit returns.