Which of the following statements regarding organizational foundation is most accurate?
A)An organizational foundation specifies its goals.
B)An organizational foundation defines the business that it is in.
C)An organization's foundation empowers stakeholders to have a voice in the strategic marketing process.
D)An organization's foundation is its philosophical reason for being-why it exists.
E)An organization's foundation is the company,its product,and its customers.

Question

Quizplus · Accepted Answer

An organization's foundation says,"This is why we exist." Successful visionary organizations use it to provide guidance and inspiration to its employees through three elements: core values,mission (vision),and organizational culture.

Which of the Following Statements Regarding Organizational Foundation Is Most