Effectively communicating the strategic vision to company personnel is important because Copyright G by Glo-Bus Software, Inc. Copying, distributing. or and party wobene posting isexpressly prohibited and constitutes copyright violation. O when company personnel understand what the company needs to do to be profitable and successful, the company's chances of achieving its financial and strategic objectives are typically greater than 90% O company personnel cannot be highly productive and happy with their jobs unless they have a clear understanding of management's strategic plan for being competitively successful and profitable over the long term. the more a vision evokes positive support and excitement among company personnel, the greater its impact in terms of arousing a committed organizational effort and getting company personnel to move in a common direction. O a good understanding of the vision boosts employee confidence in the profitability of the company's business model. O a good understanding of the vision boosts employee support for company initiatives to win a sustainable competitive advantage over rivals. wright violation. Which one of the following questions is not something that company managers should consider in charting a company's future direction are shown in Table 2.1? Copyright O by Gio-Bus Softwan, Inc, Copying. distributing or fre party webthe posting Hasgrossly grontired and construies copyright youbon O Is the company competing in too many markets or product categories where profits are skimpy or nonexistent? O Which emerging market opportunities should the company pursue and which ones should not be pursued? O Does sticking with the company's present strategic course present attractive opportunities for growth and profitability? How well is the company faring vis-a-vis key competitors--is the company gaining ground or losing ground and why? Does the company have a better business model than key rivals? In a single-business company, the strategy-making hierarchy (as shown in Figure 2-2) consists of Copyright @ by Gio-Bus Software, Inc. Copying, distributing, of and party website posting harpmanly prohibited and consetutes copyright violation, O corporate strategy, divisional strategies, and departmental strategies. O business strategy, divisional strategies, and departmental strategies. O business strategy and departmental strategy. O managerial strategy, business strategy, and divisional strategies. O business strategy, functional area strategies, and operating strategies.