Vision statements that are straightforward and simple are more credible
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: A common error of leaders is to be too complicated, too lengthy, or too multifaceted in their vision statement. Most great leaders acknowledge that they have only three or four major objectives in mind. This helps employees perceive that the vision statements are realistic, rather than overreaching.
Business
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A company has produced profits for the year. The lower the payout ratio, the greater the increase in book value for the start of the new year.
a. true b. false
Business
Factors that shape a market's attractiveness are market forces, competitive environment, and market access
Indicate whether the statement is true or false
Business