Types of Vision Statements
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Questions and Answers

Which type of vision statement is exemplified by Ford's vision statement?

  • Long form vision statement
  • Internal transformation vision statement
  • Qualitative vision statement (correct)
  • Quantitative vision statement

What distinguishes Tesla's vision statement from others mentioned in the text?

  • It is a quantitative vision statement
  • It emphasizes internal transformation (correct)
  • It is a long form vision statement
  • It focuses on external impacts

Which company has a vision statement that includes specific strategies and how they aim to achieve their vision?

  • Tesla
  • Walmart (correct)
  • Microsoft
  • Nike

What differentiates Apple's vision for the iPhone from other examples?

<p>It focuses on product features and design (D)</p> Signup and view all the answers

What common theme do Walmart and Apple share in their respective vision statements?

<p>Inclusion of specific strategies (C)</p> Signup and view all the answers

Why is Microsoft's vision statement classified as quantitative?

<p>It includes quantifiable elements like number of people and organizations (B)</p> Signup and view all the answers

What element makes Nike's vision statement unique?

<p>'Every athlete in the world' definition (B)</p> Signup and view all the answers

Which company's vision statement highlights customer satisfaction and convenience the most?

<p>Walmart (C)</p> Signup and view all the answers

What characteristic sets Walmart's vision statement apart from others?

<p>Detailed strategies for achieving the vision (D)</p> Signup and view all the answers

What aspect of Ford's vision statement makes it qualitative?

<p>Focus on making people's lives better through values and behaviors (B)</p> Signup and view all the answers

Which company's vision statement is described as an internal transformation vision statement?

<p>Tesla (D)</p> Signup and view all the answers

What distinguishes Ford's vision statement from others mentioned in the text?

<p>Qualitative characteristics and values (C)</p> Signup and view all the answers

Why is Walmart's vision statement considered a long form vision statement?

<p>It provides detailed strategies and goals (D)</p> Signup and view all the answers

What aspect makes Apple's vision for the iPhone a long form vision statement?

<p>Inclusion of specific strategies for achieving goals (C)</p> Signup and view all the answers

Which company's vision statement emphasizes achieving more by empowering individuals and organizations?

<p>Microsoft (A)</p> Signup and view all the answers

What makes Tesla's vision statement more inward-looking compared to other examples?

<p>Goal of becoming the most compelling car company (D)</p> Signup and view all the answers

Which characteristic differentiates Nike's vision statement from others discussed?

<p>'Every athlete in the world' inspiration (D)</p> Signup and view all the answers

In what way does Apple's vision for the iPhone reflect a forward-thinking approach?

<p>'Revolutionary device' creation (A)</p> Signup and view all the answers

'To give customers a wide assortment of their favorite products, everyday low prices...' is an example from Walmart's vision statement that emphasizes:

<p>'Great online shopping experience' (B)</p> Signup and view all the answers

What makes Microsoft's vision statement distinctive in terms of measurability?

<p>The quantifiable aspects related to the number of people and organizations on the planet (B)</p> Signup and view all the answers

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