Asked by Pratik Sanyal on Apr 27, 2024
Verified
The cornerstone of an effective planning system is a(n)
A) mission statement.
B) operational objective.
C) corporate culture.
D) code of ethics.
E) policy manual.
Mission Statement
A concise declaration of an organization's core purpose and focus that it strives to communicate to its employees, customers, and stakeholders.
Corporate Culture
The shared values, beliefs, and practices that characterize an organization and influence its members' behavior.
Operational Objective
Specifies the short-term, specific aims that guide the operations of an organization towards its strategic goals.
- Grasp the importance of mission and vision in guiding organizational planning.
Verified Answer
Learning Objectives
- Grasp the importance of mission and vision in guiding organizational planning.
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