Question: The difference between a company's mission statement and the concept of a strategic vision is that A . the mission explains why it is essential
The difference between a company's mission statement and the concept of a strategic vision is that
A the mission explains why it is essential to make a profit, whereas the strategic vision explains how the company will be a moneymaker.
B a mission statement typically concerns a company's present business scope and purpose whereas a strategic vision sets forth "where we are going and why."
C a mission deals with how to please customers whereas a strategic vision deals with how to please shareholders.
D a mission statement deals with "where we are headed whereas a strategic vision provides the critical answer to "how will we get there?"
E a mission statement addresses "the only objective of maximizing shareholder wealth today" while a strategic vision concerns "how will we make money in the global markets?"
The model that reminds one of Drucker with the use of the three simple questions is:
A Pearce & Robinson
B Wheelan & Hunger
C Igor Ansoff
D Max Wortman
E DeKluyver
Gillette combines several technologies eg metallurgy, physiology, physics to attain unparalleled success in the wet shaving industry. This is an example of their
A tangible resources.
B intangible resources.
C organizational capabilities.
D strong primary activities.
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