Mission, Values, and Vision Are the Glue That Holds an Organization

question 12

Multiple Choice

Mission, values, and vision are the glue that holds an organization together. They describe what the organization is trying to do, how to go about it, and where it is headed. Factors that need to be considered when developing an organization's mission statement include (select all that apply) :

• A) goals.
• B) values.
• C) services.
• D) public image.
• E) activities for survival.

Understand the fiscal role of state and local governments versus the federal government.

Describe the administrative burden of tax systems and strategies to mitigate it.

Explain the benefits principle of taxation and its application.

Understand the historical trends in government revenue as a percentage of GDP in the U.S.

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Definitions:

Quantity

The amount or number of a material or immaterial thing not considering its quality or nature.

Timeliness

The quality of being done or occurring at a favorable or appropriate time.

Performance Management

A continuous process of setting objectives, assessing progress, and providing on-going feedback to ensure that employees are meeting their targets and career goals.

Performance Planning

The process of setting performance expectations and goals for teams or individuals to guide their work and evaluate their success.