Business Week Reports That Firms Using Mission Statements Have __________

question 80

Multiple Choice

Business Week reports that firms using mission statements have __________ percent higher return on certain financial measures than those without such statements.

• A) 10
• B) 15
• C) 30
• D) 57
• E) 54

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Definitions:

Current Needs

The immediate requirements or demands of a situation, organization, or individual that need to be addressed.

Human Resource Audits

A comprehensive examination of an organization's HR policies, procedures, and practices to ensure compliance, efficiency, and effectiveness.

Replacement Charts

Visual representations of who will replace whom when a job opening occurs.

Skills

Abilities or competencies acquired through training or experience that enhance an individual’s capacity to perform tasks.