Question: Question 16 (2.5 points) Vision statements are used to create a better understanding of the organization's overall purpose and direction. Vision statements are less specific

Question 16 (2.5 points) Vision statements are used to create a better understanding of the organization's overall purpose and direction. Vision statements are less specific than mission statement. evoke powerful and compelling mental images. set organizational structure. are the same as mission statements. A and B are true. Question 17 ( 2.5 points) A company's strategic business unit decides which industries and markets to compete in for an entire conglomerate does not need to adopt the overall corporate strategy. is a division solely created to design strategies during turbulent times is responsible for its own profit and loss all are true Question 18 (2.5 points) Top-down strategic planning as an approach to the strategic management process will be most effective when the size of the firm is small environment is constantly changing size of the firm is large probability of black swan events is high

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