A positive relationship between mission statements and firm performance is more likely to exist when: organizational structures are aligned with the firm's vision statement. Option C
This is further explained below.
Generally, A mission statement is an action-based declaration that proclaims the goal of a business and how they serve its clients. It is also known as a vision statement or a guiding principle.
This may at times contain a description of the firm, what it is that the company does, and its goals. A mission statement is a concise explanation of the goals and objectives of your firm.
The capacity of a company to meet its goals by making effective use of its people and material resources is one of the aspects that goes into the calculation of its performance as an economic category (Le, 2005).
The performance of a company should also take into account how effectively its resources are used throughout the production and consumption processes.
In conclusion, When an organization's organizational structures are aligned with the vision statement of the company, there is a greater chance that there is a positive link between mission statements and the performance of the company.
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CQ
A positive relationship between vision statements and firm performance is more likely to exist when: A. visions are product-oriented. B. internal stakeholders are isolated from defining and revising the visions. C. organizational structures are aligned with the firm's vision statement. D. vision statements are equivalent to listening to the customers.
