Lesson 4

Question 1

Describes the aspirations for the future for your organization

Answer 1

Vision

Question 2

What your organization does and for whom.

Answer 2

Mission

Question 3

The beliefs, principles and philosophy of your organization.

Answer 3

Values

Question 4

describes or identifies where the organization intends to be in the future.

Answer 4

Vision Statement

Question 5

Whether for all or part of an organization, answers the question, “Where do we want to go?’

Answer 5

Vision statement

Question 6

It describes the long-term goals for a company or organization,

Answer 6

Vision statement

Question 7

are lofty and ambitious, and they dont contain details or steps for achieving those goals.

Answer 7

Vision statement

Question 8

are distinct from mission statements, though the two may inform one another.

Answer 8

Vision Statement

Question 9

describes what the organization needs to do now to achieve the vision.

Answer 9

Mission statement

Question 10

It defines how the organization will be different from the other organizations in its industry.

Answer 10

Mission statement

Question 11

outlines a company’s goals and position in the industry for its customers and other stakeholders.

Answer 11

Mission statement

Question 12

It helps the organization focus and stay on track to make the right decisions about its future.

Answer 12

Mission statement

Question 13

helps clarify a company’s purpose.

Answer 13

Mission statement

Question 14

a company’s customers and investors can rest assured that the company is fully committed to achieving its golas and maintaining its values.

Answer 14

Mission statement

Question 15

It guides and motivates employees, keeping them in line with the company’s values

Answer 15

Mission statement

Question 16

defined as an intermediate result to be achieved by a certain time as part of the grand plan. A plan can, there for have many goals.

Answer 16

Goal

Question 17

are short term (one year or less) milestones or benchmarks that organizations must achieve in order for long term objectives to be reached.

Answer 17

Goal

Question 18

should be measurable, quantitative, challenging, realistic, consistent and prioritized.

Answer 18

Goal

Question 19

are generically for an achievement or accomplishment for which certain efforts are put.

Answer 19

Goal

Question 20

represent a managerial commitment to achieve specific results in a specified period of time.

Answer 20

Objective

Question 21

They clearly spell out the quantity and quality of performance to be achieved, the time period, the process and the person who is responsible for the achievement of the objective

Answer 21

Objective

Question 22

are end results of planned activity.

Answer 22

Objective

Question 23

state what is to be accomplished by when and should be quantified if possible.

Answer 23

Objective

Question 24

specific
targets within the general goal.

Answer 24

objective

Question 25

time related to achieve certain task.

Answer 25

objective

Question 26

are border than objectives in the sense that goals are general intentions and are not specific enough to be measured.

Answer 26

Goals

Question 27

are narrow and are set for certain tasks in particular.

Answer 27

Objectives

Question 28

are general while objectives are specific.

Answer 28

Goals

Question 29

are just general intentions towards the attainment of something while objectives are precise actions for accomplishment of a specific task.

Answer 29

Goals

Question 30

important in - strategy implementation

Answer 30

Goal

Question 31

are in - strategy formulation

Answer 31

Objective

Question 32

are a defined system of beliefs that helps people tell the difference between right from wrong.

Answer 32

Core values

Question 33

These are the organizations essential and enduring general guiding principles; for the conduct and behavior of the members of the organization in realizing the vision.

Answer 33

Core values

Question 34

Organizational or companys values serve as guiding principles for words and actions and as markers of identity.

Answer 34

core values

Question 35

an organization underlie all activity, including the strategies used to fulfill a purpose, and how the members of the organization interact with one another.

Answer 35

core values

Question 36

They are the core elements of how people approach their work.

Answer 36

core values

Question 37

desirable state rather than existing state.

Answer 37

core values