Exam 4: Developing Mission, Vision, and Values

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The degree to which a stakeholder is affected by a firm's decisions is sometimes correlated with their power and influence over the decision.

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Why do managers perform stakeholder analysis

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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.

_______________ are individuals or groups who have an interest in an organization's ability to deliver intended results and maintain the viability of its products and services.

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Stak eholders

What are two challenges in performing stakeholder analysis

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_______________ is the workplace environment formulated from the interaction of the employees in the workplace.

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

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A ____________ communicates the organization's reason for being, and how it aims to serve its key stakeholders.

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What are the five steps to help you identify your core mission statement and values

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

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Stakeholder analysis is a critical factor in the ultimate implementation of a _______________.

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What is an example of taking an existing idea and making it better

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Those stakeholders most often emphasized in mission statements are:

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Mission and vision provide a vehicle for communicating an organization's purpose and values to all ________________.

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Managers develop mission and vision statements not only to clarify the organization's larger purpose, but also to meet or exceed the needs of its key stakeholders.

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If management is seeking to change vision and mission, their ability to change the organization's culture to support those new directions is impossible to achieve.

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Which of the following are creativity tools:

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

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_____________ involves influencing others toward the attainment of organizational objectives.

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Organizational culture is defined by all of the following EXCEPT:

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What is the sociological phenomenon "Not Invented Here"

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