Why do Annual Reports often state objectives in really vague terms, such as to hire good people

Question:

Why do Annual Reports often state objectives in really vague terms, such as to “hire good people” or to “stay ahead of trends”? Why should strategists avoid including such vagueness in preparing a strategic plan?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Strategic Management A Competitive Advantage Approach Concepts And Cases

ISBN: 9780135173947

17th Edition

Authors: Fred David

See More Books

Question Posted: Dec 29, 2022 06:16 AM

See More Questions

Why do Annual Reports often state external risk information in really vague terms; why should strategists avoid including such vagueness in developing an EFE Matrix?
Do you think Adam Lee should develop a strategic plan for the company? Why? What are the central elements of such a plan? What is the role of finance in a strategic plan?
Why should communicators avoid openings such as there is?
In Exercises determine whether the statement is true or false. If it is false, explain why or give an example that shows it is false. The curve represented by the parametric equations x = t and y =...
To find the variance of a hyper-geometric random variable in Example 2.3-4 we used the fact that Prove this result by making the change of variables k = x 2 and noting that ElX(X-1)] =...
In regard to resource leveling, why are noncritical path activities generally the first to be delayed?
An air at $15^{\circ} \mathrm{C}$ and 1 bar is compressed adiabatically to 15 bar by an engine working on Otto cycle. The maximum pressure of the cycle is 40 bar. Calculate air standard efficiency,...
1. How much is allocated to each class of assets? 2. Based on the historical returns in Exhibit 10.2, how much will be in each account when the girls approach college age ten years from now? 3. Since...
A weight of 100kN is hung by means of two strings from the ceiling as shown. Find the tension in two strings 60 T 1 100 kN 30 T2
Mr B aged 52 years, has earned rupees 75,00,000 out of his business. His ex-wife gifted him a car worth rupees 8 lakh. He spent a total of rupees 20 lakh during a family trip. He won a lottery of 16...
Explain the difference between strategies and recommendations.
What is the difference between recommendations and strategies?
Evaluate the cross products A Ã B and C Ã D. (a) A (b) 4 90 45 FIGURE EX12.38
Sally has a daughter, Jane, who is 27 years of age and is not disabled. Sally is considering establishing an inter vivos trust to freeze a portfolio of stocks and bonds with her daughter as...
Mandren Inc. has a fire insurance policy from the Blundi Insurance Company with a 90% coinsurance clause based on replacement cost. The replacement cost of the building is $600,000. The face amount...
Coaching Duty #4 to provide adequate and proper equipment includes Group of answer choices Buying the best equipment Modify equipment and duct tape it when necessary Show athletes how to properly use...
When managers make assumptions on the rate of collections for the various items on the statistical budget they develop a: A. Capital budget B. Strategic plan C. Cash budget D. Revenue budget
Can you distinguish the uses of electronic surveillance warrants authorized by the wiretap Act and the foriegn intelligence survelliance Act?
Suppose that, at a restaurant, you are served coffee before you are ready to drink it. In order that it be hottest when you are ready for it, should you add cream to the coffee right away or wait...
Rosalie owns 50% of the outstanding stock of Salmon Corporation. In a qualifying stock redemption, Salmon distributes $80,000 to Rosalie in exchange for one-half of her shares, which have a basis of...
How do the levels of strategy differ in a large firm versus a small firm?
List 11 types of strategies. Give a hypothetical example of each strategy listed.
Discuss the nature of as well as the pros and cons of a friendly merger versus hostile takeover in acquiring another firm. Give an example of each.
You have been tasked with designing the state machine of a vending machine. To simply the problem, let's assume that the vending machine delivers only snacks at the price of 10 cents and accepts only...
Suppose n is a large odd number and k 2(n-1)/2 (mod n) is such that k 1 (mod n) and k (-1) (mod n). (a) Suppose k 1 (mod n). Explain why this implies that n is not prime. (b) Suppose k 1 (mod n)....
(c) Is it possible to "rank" or "compare" allocations that reside on the frontier itself (e.g., B and C) using a Pareto efficiency standard? Why or why not? (d) (e) 1 Now consider allocations A and...

Why do Annual Reports often state objectives in really vague terms, such as to hire good people

Question:

Step by Step Answer:

Vagueness is useless in strategic planning Planners know the g...View the full answer

Strategic Management A Competitive Advantage Approach Concepts And Cases

Students also viewed these Business questions