Exam 4: Developing Mission, Vision, and Values

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______________ is a checklist tool that helps you to think of changes you can make to an existing marketplace to create a new product,service or both.

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SCAMPER

What is SCAMPER? SCAMPER is a checklist tool that helps you to think of changes you can make to an existing marketplace to create a new product,service,or both.You can use these changes wither as direct suggestions or as starting points for lateral thinking.Medium;Knowledge

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SCAMPER is a checklist tool that helps you to think of changes you can make to an existing marketplace to create a new product,service,or both.You can use these changes wither as direct suggestions or as starting points for lateral thinking.

A ____________ is a future-oriented declaration of the organization's purpose and aspirations.

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vision statement

What is the sociological phenomenon "Not Invented Here"?

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The four categories of stakeholders of a firm are:

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A ______________ actually serves to predict where the firm is going in terms of performance.

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All stakeholders have the same level of influence in determining what a firm does.

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What is an example of the investment type of creativity the text discusses? The battle for U.S.market share between Miller and Busch beer is an example of investment creativity type.Miller was relentless in attacking the quality of Busch products through its advertisements,and at the same time launched a myriad number of new products to take business from Busch's markets.Medium;Comprehension

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How did Johnsonville Sausage dramatically improve its fortunes under CEO Ralph Stayer?

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Those stakeholders most often emphasized in mission statements are:

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Organization structure defines the formal relationship among people and specifies their ___________ and _____________.

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The strategy is how the firm aims to realize its ____________ and ___________.

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Strategy encourages actions that support the culture of the organization.

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_________________ is the formal,guided process for integrating the people,information,and technology of an organization.

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Goals and objectives that flow from your mission and vision provide a basis for assessing actual versus desired feedback.False: Goals and objectives that flow from your mission and vision provide a basis for assessing actual versus desired performance.Medium;Knowledge

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Why do firms rely on bottom-up innovation processes?

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One key stakeholder group might be composed of the CEO and members of the top-management team.

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Why do managers perform stakeholder analysis? Managers perform stakeholder analysis in order to gain a better understanding of the range and variety of groups and individuals who not only have a vested interest in the organization,and ultimately the formulation and implementation of a firm's strategy,but who also have some influence on firm performance.Hard;Comprehension

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The culture of an organization is very difficult to change.

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_______________ is a method of facilitating a group of people to produce a large number of ideas in a relatively short period of time.

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