Mission Statements Have Been Shown to Be Associated with Firm

question 76

Multiple Choice

Mission statements have been shown to be associated with firm performance.In many cases,organizations with sound missions are more successful; however,what is far less clear is ________.

• A) that customer-oriented missions provide more flexibility than product-oriented ones
• B) whether this mission actually causes a firm to have a competitive advantage
• C) whether missions can be inspirational for both employees and customers
• D) whether the mission should describe what the firm actually does

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Definitions:

Social life

The part of an individual's time that is spent engaging with others in the community or society.

Social networks

Structures made up of individuals or organizations that are connected by one or more types of interdependency, such as friendships, kinships, common interests, or economic exchanges.

Indirect ties

Connections in a social network that link individuals through intermediaries rather than through direct personal relationships.

Influence them

The action or process of affecting someone's character, development, or behavior without using direct force or command.