An organization expresses its reason for being, what it aspires to be, and the values it wants to emphasize in its mission, vision, and values statements, respectively. This activity is important because these three statements are the necessary foundation for a successful organizational planning process. The goal of this exercise is to challenge your knowledge of important components of organizational mission, vision, and values statements.
Read the descriptions and select whether the description pertains to a mission, vision, or value statement.
1. Describes the image the organization wants to project
A. Values Statement
B. Vision Statement
C. Mission Statement
2. Inspires enthusiasm and encourages commitment
A. Vision Statement
B. Values Statement
C. Mission Statement
3. Illuminates the organization’s attitude toward its employees
A. Values Statement
B. Vision Statement
C. Mission Statement
4. Is intended to guide all of the actions in the organization
A. Vision Statement
B. Mission Statement
C. Values Statement
5. Is easily understood and well-articulated
A. Vision Statement
B. Mission Statement
C. Values Statement
6. Outlines the organization’s customer base
A. Values Statement
B. Vision Statement
C. Mission Statement
7. Expresses the company’s worldview
A. Vision Statement
B. Mission Statement
C. Values Statement
8. Is appropriate for the times and for the organization
A. Mission Statement
B. Values Statement
C. Vision Statement
9. Limits itself to a small number that employees can recall when making decisions
A. Mission Statement
B. Vision Statement
C. Values Statement
10. Articulates the geographical locations where the company competes
A. Vision Statement
B. Mission Statement
C. Values Statement
11. Unchanging; As applicable in 100 years as it is today
A. Vision Statement
B. Mission Statement
C. Values Statement
12. Reflects high ideals
A. Mission Statement
B. Vision Statement
C. Values Statement

Solution :

Vision statement : A vision statement is defined as an inspirational statement of the economic future of any organization. It is what the organization is going to be in the future.

Mission statement :  A mission statement supports the vision statement and says the ways to achieve and meet the vision.

Value statement : A value statement describes and defines in what any organization believes and how its employees should behave in the organization.

The following statements describes :

1. Describes the image the organization wants to project

it is a Mission Statement  

2. Inspires enthusiasm and encourages commitment

it is a Vision Statement

3. Illuminates the organization’s attitude toward its employees

it is a Mission Statement  

4. Is intended to guide all of the actions in the organization

it is a Value Statement

5. Is easily understood and well-articulated

it is a Vision Statement

6. Outlines the organization’s customer base

it is a Mission Statement

7. Expresses the company’s worldview

it is a Value Statement

8. Is appropriate for the times and for the organization

it is a Vision Statement

9. Limits itself to a small number that employees can recall when making decisions

it is a Value Statement

10. Articulates the geographical locations where the company competes

it is a Mission Statement

11. Unchanging; As applicable in 100 years as it is today

it is a Value Statement

12. Reflects high ideals

it is a Vision Statement

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer; dogs;