Which of the Following Is NOT a Characteristic of an Effectively

question 51

Multiple Choice

Which of the following is NOT a characteristic of an effectively worded strategic vision statement?

• A) Directional (is forward-looking,describes the strategic course that management has charted that will help the company prepare for the future)
• B) Easy to communicate (is explainable in 5-10 minutes,and can be reduced to a memorable slogan)
• C) Graphic (paints a picture of the kind of company management is trying to create and the market position(s)the company is striving to stake out)
• D) Consensus-driven (commits the company to a "mainstream" directional path that almost all stakeholders will enthusiastically support)
• E) Focused (provides guidance to managers in making decisions and allocating resources)

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Definitions:

General Partner

A member of a partnership who has unlimited liability for the debts of the business and actively participates in its management.

Partnership's Checkbook

A financial tool used by a partnership for handling and recording transactions.

Special Charters

Legal documents granted by a government or other authority establishing a corporation or other entity and defining its rights and privileges.

State Governments

The governing bodies of individual states within a federal system, responsible for local legislation and administration.