What are the pitfalls in crafting a vision statement that is too broad or too narrow?
Question:
What are the pitfalls in crafting a vision statement that is too broad or too narrow?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Crafting a vision statement that is either too broad or too narrow can have significant drawbacks for an organization Here are the pitfalls associated ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
A carefully crafted vision statement can help you communicate your company's goals to employees and management in a single sentence or a few concise paragraphs. While a well-thought-out statement may...
-
What are the pitfalls and sand traps in fund-raising and why do entrepreneurs sometimes fail to avoid them?
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
During 2018, Susan incurred and paid the following expenses for Beth (her daughter), Ed (her father), and herself: Surgery for...
-
Online companies not only target individual customers but also utilize each customers buying habits to create generalized marketing campaigns. Might any privacy issues arise as an online company...
-
Do you think it's a good idea to have a president for the U.S. division and for the other international divisions? What are the advantages of such an arrangement? Disadvantages?
-
What is the most useful source of information on customers generated by any company? Identify all the possible data available on that source.
-
1. The film sequence shows three people interacting in a work environment. Which aspects of organizational behavior discussed in this chapter appear in this sequence? 2. The three people in this...
-
Acme Company uses process costing. Here are data regarding the first processing department for the current month: Work in process inventory, beginning Units Direct material costs 2,700 units $14,800...
-
Princeton University professor, president, and CEO of New America, a think tank dedicated to renewing America in the Digital Age, Anne-Marie Slaughter wrote an article for The Atlantic in 2012 called...
-
________ is like the origin story for a brand. A. problem-solution narrative B. purpose C. mission statement D. vision statement
-
The city of Segovia is contemplating building a second airport to relieve congestion at the main airport and is considering two potential sites X and Y. Hard Rock Hotels would like to purchase land...
-
2 x-y+2z = 2 5. Given three planes: 3x+y-z=1 T: X+ky + 5z = 4 Determine a value of k such that there are three parallel lines of intersection, one for each pair of the planes
-
According to the doctor's prescription, the patient is to take 3 tsp po bid 5. What is the total dosage in tablespoons? Type your answer here. Submit
-
Write out the ANOVA shell (sources of variability & degrees of freedom) for each of the following experiments described below. Identify all factors in the ANOVA that should be treated as random in...
-
1. Letf'(x) = (x + 1)(x-5)(x+2). What type of critical point is located at .x = 5? 2. Give an example of a function that has at least one vertical asymptote and an oblique asymptote.
-
Determine and compare the ranges of f (x) and g(x) using complete sentences. g(x) f(x) Find h(x) and determine any asymptotes. Let h(x)= Let k be the function given by k(x) = (create an original...
-
Return to the facts of A11- 7. Assume now that New Company is a private company that complies with ASPE. Straight- line amortization will be used rather than the effective- interest method. Required:...
-
Do public and private companies follow the same set of accounting rules? Explain.
-
Correct any obvious errors in the following closing entries by providing the four corrected closing entries. Assume all accounts held normal account balances in the Adjusted Trial Balance. A. B. C....
-
Use the following T-accounts to prepare the four journal entries required to close the books: Debit Bal. 25,222 Rent Revenue Bal. 6,000 Cash Advertising Expense Bal. 12,000 Insurance Expense Bal....
-
Assume that the first two closing entries have been made and posted. Use the T-accounts provided below to: A. Complete the closing entries B. Determine the ending balance in the Retained Earnings...
-
Let's consider the different methods of assessment and how they are used in organizations. Think about a position recently filled in your organizations: this may be your own position or one with...
-
Supply Chain strategy alignment is an important but sometimes overlooked activity. Do you agree with this statement? Explain your answer including a description of just what SC strategy alignment...
-
Edwin Locke's expanded model of goal-setting theory assumes that goal-directed behavior is a function of four goal attributes: goal difficulty, goal specificity, goal acceptance, and goal commitment....
Study smarter with the SolutionInn App