Vision and Mission Statements Quiz
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Questions and Answers

What should a mission statement do for an organization?

  • Exclude any potential for growth
  • Provide a general overview of the company's history
  • Distinguish the firm from all others (correct)
  • Focus solely on financial profits
  • What is one of the benefits of having a strong mission for a company?

  • Creating confusion among employees
  • Increasing shareholder's equity (correct)
  • Having a negative impact on company performance
  • Excluding the potential for growth
  • What are some of the elements that can be included in a mission statement?

  • Hobbies of the employees
  • Mission to eliminate competitors
  • Mission to make a profit only
  • Public image and philosophy (correct)
  • What is the importance of social policy in relation to a company's mission?

    <p>It should convey the social responsibility of the firm</p> Signup and view all the answers

    Based on the text, what is one of the aspects of Ben & Jerry’s mission?

    <p>To distribute all-natural ice cream made from Vermont dairy products</p> Signup and view all the answers

    What is the purpose of a shared vision according to the text?

    <p>To provide opportunity &amp; challenge</p> Signup and view all the answers

    Which element distinguishes one firm from another as per the text?

    <p>Vision</p> Signup and view all the answers

    Why are profit and vision deemed necessary to motivate a workforce?

    <p>To motivate effectively</p> Signup and view all the answers

    Which characteristic is NOT part of The Bellevue Hospital's mission statement?

    <p>Profit maximization</p> Signup and view all the answers

    What does Atlanta Web Printers, Inc. pledge to work hard at every day?

    <p>Being the first choice</p> Signup and view all the answers

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