Managers Develop Mission and Vision Statements Not Only to Clarify

question 51

True/False

Managers develop mission and vision statements not only to clarify the organization's larger purpose,but to meet or exceed the needs of its key stakeholders.

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Definitions:

Group Boundaries

The invisible lines that define the limits and rules for membership, behavior, and roles within a team or organization.

Rewards

Benefits or compensations received as recognition for achievements, service, or skilled behavior.

External Adaptation

The process by which an organization adjusts and evolves in response to changes in its external environment.

Role Modeling

The process by which individuals influence others by exemplifying behaviors, attitudes, or values to be emulated.