Why are mission and vision important for organizational goals and objectives?
to determine whether the strategy is on track
8 Matching Annotations
- Last 7 days
-
biz.libretexts.org biz.libretexts.org
-
-
How do mission and vision relate to a firm’s strategy
relate to an organization’s purpose and aspirations, and are typically communicated in some form of brief written statements
-
Where does the purpose of mission and vision overlap?
Overlap in developing strategy
-
- Feb 2026
-
biz.libretexts.org biz.libretexts.org
-
What goals seem to dominate early management principles?
early views of management were heavily oriented toward efficiency, at the expense of attention to the manager-as-leader.
-
-
biz.libretexts.org biz.libretexts.org
-
How does CSR relate to the triple bottom line?
CSR supports and guides a company’s efforts to achieve the triple bottom line by promoting responsible social and environmental practices alongside financial performance.
-
What are some examples of financial performance metrics?
accounting profit
-
What dimensions of performance beyond financial are included in the triple bottom line?
economic, social, and environmental
-
Why is financial performance important for organizations?
Financial performance is very important to a firm’s stakeholders particularly its investors or owners, because this performance eventually provides them with a return on their investment.
-