Please answer all 4 and I WILL THUMBS UP!

In most corporations, strategy-making is primarily the joint responsibility of a company's senior executives and board of directors. first and foremost the function and responsibility of a company's chief strategy officer (who usually reports directly to the chief exeryytive officer and also coordinates closely with members of the company's board of directors). first and foremost the function of a company's chief executive officer - who formulates strategic initiatives and submits them to the board of directors for approval. more of a collaborative group effort that involves executives and managers at many organizational levels, as opposed to being the function and sole responsibility of a few highranking executives. first and foremost the function and responsibility of a company's board of directors. The primary roles/obligations of a company's board of directors in the strategy-making, strategy-executing process include developing the company's business model and advising the CEO as to how best to implement and execute the business model. playing the lead role in developing the company's strategy and supervising the efforts of the CEO and other top executives in implementing and executing the strategy. making sure the company has a sound and up-to-date 5-year strategic plan, determining the company's dividend policy, and hiring and firing (if need be) all senior management executives. critically appraising the company's direction, strategy, and business approaches and evaluating the caliber of senior executives' strategy-making and strategy-executing skills. determining whether the CEO and other senior executives have established an appropriate set of financial and strategic objectives. The difference between the concept of a company mission statement and the concept of a strategic vision is that Copyignt O by Glo-Bus Soltware, inc Copyhg. tistrbuting, or 3rd party wobeite pesting iserpressly prohbled and constbutes copyright voution the mission is all about making a profit and which measures of profitability the company will focus on, whereas a strategic vision concerns what business model to employ in striving to be attractively profitable. a mission statement typically concerns a company's present business scope and purpose ("who we are, what we do, and why we are here") whereas the principal concern of a strategic vision is with the company's future strategic course and long-term direction. a mission concerns what to do now for the company to achieve its short-run objectives and a strategic vision concerns what the company needs to do later to achieve its long-run objectives. a mission statement deals with what to accomplish on behalf of both customers and shareholders and a strategic vision concerns what strategy to employ in striving to compete successfully against rivals. a mission statement deals with "where we are going " whereas a strategic vision provides the critical answer to "what strategic path will we take to get there and how long will the journey take?" Which one of the following approaches to objective-setting should definitely be avoided? Copyright 'o by Glo-Bus Soltware, ine. Copying, ditributing, or 3rd party wobtito posting isocopressty prohibited and constautes copyright viatation. Setting objectives that are specific, quantifiable or measurable, challenging, and contain a deadline for achievement Setting both short-term and long-term objectives Setting targets that carry no adverse consequences for organizational members if actual performance falls short of targeted performance Setting objectives relating to both financial performance and strategic performance Setting objectives for each of the organization's separate businesses, product lines, functional departments, and individual work units