Exam 4: Developing Mission, Vision, and Values

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What is a BHAG? A BHAG is what Jim Collins calls a big,hairy,audacious goal,similar to the national goal in the 1960s to go to the moon by the end of the decade.Medium,Knowledge

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______________,as viewed in business,refers to intense,driving,or overmastering feelings or convictions.

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An engaged employee is a person who is fully involved in and enthusiastic about his or her work.

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The principles of a personal mission and vision statement are not different from a company mission statement.

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Mission and vision development are analogous to which step in the principles of management framework:

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Many people have a tendency to fall into the trap of assessing all stakeholders as being very important in how they are affected by the firm's decision and how much influence they have over the implementation of the decisions.

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A useful personal mission and vision statement should include all of the following EXCEPT:

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Who are organizational stakeholders?

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Organizations that successfully align human resources management with mission and vision accomplishment do so by integrating SHRM into the organizing process.

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____________________ reflects the aim of integrating the organization's human capital into the mission and vision.

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Customers,employees,and investors are the stakeholders most often emphasized in the mission statements.

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If management is seeking to change vision and mission statements,their ability to change the organization's culture to support those new directions is impossible to achieve.False: If management is seeking to change vision and mission statements,their ability to change the organization's culture to support those new directions is difficult or at least slow to achieve.Medium;Knowledge

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The monitoring step of the mission and vision statements development process is analogous to which step of the principles of management framework?

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Social networks are often referred to as:

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What fundamental part of its vision did Proctor & Gamble change in 2000?

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What are two great examples of taking an existing idea and making it better? Two great examples are McDonald's and Toyota.McDonald's founder had the idea of creating quality cooking standards for the preparation of tasty burgers and fries.Similarly,Toyota has used the refinement of its auto making and auto assembly processes to be one of the largest and most successful car makers in the world.Easy;Knowledge

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__________ is the power or ability to invent,and is the essence of innovation and progress in business.

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The type of creativity characterized by new ideas and breakthroughs is ______________.

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According to the principles of visionary leadership,the essentials for successful revolution include all EXCEPT:

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Lateral thinking can generate completely new concepts and ideas,and brilliant improvements to existing systems.

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