Quiz 2 of 11
A small nonprofit organization would probably develop a vision statement but not a mission statement.
False
According to Campbell and Yeung, an organization's vision is associated with behavior and with the present.
False
As presented in the text book Vern McGinnis believes that a mission statement should empower keenly insightful leadership by an organization's top management.
False
Customer's and creditors are considered stockholders of an organization.
False
It is unusual for the claims and concerns of a company's stakeholders to vary or conflict.
False
The utility statement, "Do not offer me attractive looks; offer me clothes," is relevant in developing a mission statement.
False
A mission statement, is an enduring statement of purpose that distinguishes one organization from other similar enterprises.
True
According to King and Cleland, carefully developed written mission statements provide a basis for organizing work, departments, activities, and segments around a common purpose.
True
According to Vern McGinnis, a mission statement should define what the organization is and what the organization aspires to be.
True
The critiqued mission statements of PepsiCo and Royal Caribbean both lacked the "Customers" component.
True