Why Is It Better for Firms to Keep Their Vision

question 9

Multiple Choice

Why is it better for firms to keep their vision statements customer-oriented rather than product-oriented?

• A) Customer-oriented visions tend to have a more short-range view of changing environments.
• B) Customer-oriented visions tend to have a more myopic view of changing environments.
• C) Customer-oriented visions tend to be more flexible when adapting to changing environments.
• D) Customer-oriented visions tend to be more stable when dealing with changing environments.

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Definitions:

Monocline

A fold defined by local steepening in gently dipping layers.

Anticline

A type of fold in sedimentary strata that resembles an arch, with the oldest rocks at its core.

Thrust Fault

A thrust fault is a type of geological fault where the hanging wall moves up relative to the footwall, commonly found in areas of compression.

Monocline

A geological fold in sedimentary strata that results in a step-like form on the Earth's surface, indicating singular direction of dip.