A Positive Relationship Between Vision Statements and Firm Performance Is

question 62

Multiple Choice

A positive relationship between vision statements and firm performance is more likely to exist when

• A) visions are product-oriented.
• B) internal stakeholders are isolated from defining and revising the visions.
• C) organizational structures are aligned with the firm's vision statement.
• D) vision statements are equivalent to listening to the customers.

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Definitions:

Easy Problems

Issues or challenges that can be resolved with minimal effort, often due to clear solutions or low complexity.

Leader's Work Unit

A department or team that is directly managed and influenced by a specific leader, focusing on achieving particular tasks.

External Monitoring

The process of continuously scanning and analyzing an organization's external environment to identify trends, opportunities, and threats.

Delegating

The act of entrusting tasks or responsibilities to others, typically those who are subordinates or team members, to improve efficiency and develop their capabilities.