Exam 13: Creating Vision and Strategic Direction

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Which of the following statements is true of strategic thinkers?

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Companies with heroism as the basis of noble purpose often:

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can be defmed as the general plan of action that describes resource allocation and other activities for dealing with the environment and helping the organization attain its goals and achieve the vision.

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Briefly explain the features of an organization's mission.

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Strategy execution is the most important as well as the most difficult part of strategic management.

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Focusing on core competencies and attaining synergy help companies create value for their customers.

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Mission statements tend to grow and change in the face of changing technologies, economic conditions, or other envirornnental shifts.

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A is an attractive, ideal futnre that is credible yet not readily attainable.

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An effective mission statement:

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The purpose of inspires people to see the adventure in their work and experience the joy of a pioneering or entrepreneurial spirit.

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The mission is made up of two critical parts: the core values and the .

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Leaders accept the easy answer rather than looking for patterns in what they see and hear.

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Which of the following is a difference between strategies and execution?

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Strategic leaders react to environmental changes rather than studying the events that have already taken place and acting based on their anticipation of what the future might be like.

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A leader using the approach of excellence focuses on emphasizing discovery rather than focusing people on being the best.

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An organization's is something that the organization does extremely well in comparison to competitors.

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means the company's purpose is based on being strong, aggressive, and effective.

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Which of the following statements is true of mission?

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Diane heads an event management company called Venus Inc.The company encourages an innovative and creative approach to work.Diane plans to cocreate a vision.Which of the following steps should she apply to implement her plan?

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The basis of action for the purpose of altruism is to:

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