What are the pitfalls in crafting a vision statement that is too broad or too narrow?
Question:
What are the pitfalls in crafting a vision statement that is too broad or too narrow?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
Crafting a vision statement that is either too broad or too narrow can have significant drawbacks for an organization Here are the pitfalls associated ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
A carefully crafted vision statement can help you communicate your company's goals to employees and management in a single sentence or a few concise paragraphs. While a well-thought-out statement may...
-
What are the pitfalls and sand traps in fund-raising and why do entrepreneurs sometimes fail to avoid them?
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
During 2018, Susan incurred and paid the following expenses for Beth (her daughter), Ed (her father), and herself: Surgery for...
-
Online companies not only target individual customers but also utilize each customers buying habits to create generalized marketing campaigns. Might any privacy issues arise as an online company...
-
Quantum Effects in Daily Life a 1.25-mg insect flies through a 4.00-mm-diameter hole in an ordinary window screen. The thickness of the screen is 0.500 mm. (a) What should be the approximate...
-
The basis of inherited property is generally the fair market value at the date of death. This enables the person who inherits the property to receive a step-up in basis. Use the Internet to find...
-
If unit 1 requires 200 hours to produce and the labor records for an Air Force contract of 50 units indicates an average labor content of 63.1 hours per unit, what was the learning rate? What total...
-
3. Income statement The income statement, also known as a profit and loss (P&L) statement, provides a snapshot of a companys financial performance during a specified period of time. It reports a...
-
Princeton University professor, president, and CEO of New America, a think tank dedicated to renewing America in the Digital Age, Anne-Marie Slaughter wrote an article for The Atlantic in 2012 called...
-
________ is like the origin story for a brand. A. problem-solution narrative B. purpose C. mission statement D. vision statement
-
What is polarized light? How do Polaroid sunglasses exploit polarization?
-
Red River Banking Company has ten automatic i) AND teller machines (ATMs) spread throughout the city maintained by the ATM Department. You have been assigned the task of determining the cost of...
-
Super Day Spa provided \(\$ 120,000\) of services during 2012. All customers paid for the services with credit cards. Super submitted the credit card receipts to the credit card company immediately....
-
The following data represent the height of 26 statistics students as measured in inches: a. Create a frequency table for these data. b. Create a histogram for these data with an interval width of 1...
-
Repeat Exercise 15 in Chap. 3 to allow the user to enter temperatures for any number of cities using the best iteration structure. Data From Exercise 15 The dew point temperature is a good indicator...
-
Two stacks of positive integers are needed, one containing elements with values less than or equal to 1,000 and the other containing elements with values larger than 1,000. The total number of...
-
The cost formula for the maintenance department of Rainbow, Ltd., is $19,400 per month plus $7,70 per machine hour used by the production department. Required: a. Calculate the maintenance cost that...
-
In 1995 Miguel purchased a home for $130,000. In 2000 he sold it for $170,000 and immediately purchased another one for $180,000, which he sold in 2007 for $235,000. How much taxable capital gain, if...
-
Correct any obvious errors in the following closing entries by providing the four corrected closing entries. Assume all accounts held normal account balances in the Adjusted Trial Balance. A. B. C....
-
Use the following T-accounts to prepare the four journal entries required to close the books: Debit Bal. 25,222 Rent Revenue Bal. 6,000 Cash Advertising Expense Bal. 12,000 Insurance Expense Bal....
-
Assume that the first two closing entries have been made and posted. Use the T-accounts provided below to: A. Complete the closing entries B. Determine the ending balance in the Retained Earnings...
-
Hisaishi Corporation uses an activity-based costing system with the following three activity cost pools: Activity Cost Pool Total Activity Fabrication 80,000 machine-hours Order processing 400 orders...
-
Incorrect answer iconYour answer is incorrect. On January 1, 2021, Crane Corporation had 1,030,000 shares of common stock outstanding. On March 1, the corporation issued 120,000 new shares to raise...
-
What is the net book value of a non current asset represent? Does the network value represent the market value of the asset?
Study smarter with the SolutionInn App