25. A vision statement addresses the question ' What is our business?

Select one:

True

False

26. Organizational objectives should be specific, measurable, achievable, realistic and have a time frame

Select one:

True

False

27. One of the reasons for stated and communicated objectives is to help stakeholders understand their role in an organization

Select one:

True

False

28. A strategy is a broad and general plan developed to reach short-term objectives

Select one:

True

False

29. A business strategy covers functional areas such as marketing, human resources and operations

Select one:

True

False

30. Innovation strategy is concerned with questions of whether, where, and why to enter the market

Select one:

True

False