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Exam (elaborations)

PHR Questions With Complete Solutions!!

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  • Course
  • PHR 2
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  • PHR 2

Mission Statement - ANSWER-Organization's purpose and how it intends to benefit its main stakeholders Vision Statement - ANSWER-mission and ambitions that are focused on the future Values - ANSWER-ideas upheld by organization Why are mission and vision statements important? - ANSWER-They h...

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  • August 14, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • phr stuvia
  • PHR 2
  • PHR 2
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PHR 2023-2024
Questions With
Complete Solutions!!
Mission Statement - ANSWER-Organization's purpose and how it intends to benefit its main
stakeholders



Vision Statement - ANSWER-mission and ambitions that are focused on the future



Values - ANSWER-ideas upheld by organization



Why are mission and vision statements important? - ANSWER-They help build strategies, share the
purpose with stakeholders and shape the objectives and targets that will gauge whether the strategy
is working



Organizational Structure - ANSWER-system that specifies how specific actions are the be carried out
to accomplish an organization's objective



Functional Organizational Structure or Bureaucratic Structure - ANSWER-divides corporation
according to the level of employee specialty



Multi or Divisional Organizational Structure - ANSWER-business unit functions as a separate division
with its own leader



Team-based Structure - ANSWER-workforce is divided into close-knit groups of staff to carry out
specific tasks

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