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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?

It should convey the social responsibility of the firm Signup and view all the answers

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

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

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

To provide opportunity & challenge Signup and view all the answers

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

Vision Signup and view all the answers

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

To motivate effectively Signup and view all the answers

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

Profit maximization Signup and view all the answers

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

Being the first choice Signup and view all the answers