Vision StatementWhich of the following represent hygiene criteria that a good strategic vision statement should obey?(i) Be forward-looking(ii) Do not be vague or generic(iii) Ensure that the journey is feasible(iv) Make it long and descriptive(i) and (ii)(i), (ii) and (iii)(i), (ii) and (iv)(ii), (iii) and (iv)

Which of the following represent the features of good strategic vision statement?1. Be forward-looking2. Be specific and precise3. Ensure that the company’s journey is feasible4. Make it long and descriptive1 and 21, 2 and 31, 2 and 42, 3 and 4

McDonald's came up with the following vision statement: 'be the best quick service restaurant experience. Being the best means providing outstanding quality, service, cleanliness and value, so that we make every customer in every restaurant smile'.Which of the following features of a good strategic vision does McDonald's vision statement follow the best? (Select the most appropriate option.)Be forward-lookingDo not be vague or genericMake it memorable and preciseEnsure that the journey is feasible

Good vision and mission statements:show what a company wants to accomplish.are designed to confuse competitors.create added value for a company.help protect the company from government auditors.

Select all that applyWhat are the essential qualities of an effective vision?Multiple select question.CommunicateStrategic senseInspire othersPassionCost effective

Vision StatementsSuppose you are the founder of a data analytics company that has over 150 employees. Which of the following are the benefits that you can expect from an effectively communicated vision statement? (Note: More than one option may be correct.)It can help you get a better sense of where you want to take the firm.It can help bring consistency and stability to the decision-making process of the top executives.It can help reduce employee attrition.It can help your company improve its offerings.