Common Shortcomings of Company Vision Statements Include

question 44

Multiple Choice

Common shortcomings of company vision statements include

• A)too specific and too flexible.
• B)unrealistic, unconventional, and unbusinesslike.
• C)too broad, vague or incomplete, bland/uninspiring, not distinctive, and too reliant on superlatives.
• D)too graphic, too narrow, and too risky.
• E)not customer-driven, out of step with emerging technological trends, and too ambitious.

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Definitions:

Unrealized Gain Or Loss

Changes in the fair value of equity or debt securities for a period.

Dividend Yield

The ratio of a company's annual dividends paid to its share price, expressed as a percentage.

Valuation Allowance

A reserve created by a company to offset a portion of the deferred tax assets when it is more likely than not that some portion or all of the deferred tax assets will not be realized.

Business Combination

A business making an investment in another business by acquiring a controlling share, often greater than 50%, of the outstanding voting stock of another corporation by paying cash or exchanging stock.