Please answer each question and clearly identify the chosen answer!!

An unlikely, inaccurate feature of an organization's strategic vision is

A) that it is directional (is forward-looking; describing the strategic course that management has charted and the kinds of product-market-customer-technology changes that will help the organization prepare for the future)

B) intended to describe the organization's future product/market of service/market focus

C) helpful in molding an organization's identity

D) a deliberate, comprehensive outline of an organization's business model

E) focused and flexible (specific enough to provide managers with guidance in making decisions and allocating resources but stops short of a once-and-for-all-time statement because the strategic path may need to be changed as a market-customer-technology circumstances change)

An effectively worded mission statement should describe

A) the company's activities in the vaguest terms possible

B) the enterprise's future business and purpose

C) buyer needs that the company seeks to satisfy and the customer groups or markets it serves

D) how making a profit thereby increasing shareholder value is the company's sole business purpose

E) the company's current business and purpose: who we are, what we do, and why we are here.

Corporate strategy

A) determines balanced scorecard financial and strategic objectives

B) should be based on a flexible strategic vision and mission

C) is subject to being changed much less frequently that either a company's objectives or its mission statement

D) is primarily concerned with strengthening a company's market position and building competitive advantage

E) ensures consistency in strategic approach among businesses of a diversified, multibusiness corporation