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...
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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