_______ represents a statement that is sometimes developed to express the aspirations of the executive leadership.

Question

Quizplus · Accepted Answer

A vision statement is a statement developed by executive leadership to express their aspirations for the organization. It outlines the organization's future goals and aspirations, and serves as a guide for decision-making and strategy development. A mission statement, on the other hand, outlines the organization's purpose, values, and goals in the present tense, and typically remains the same over time. Agency theory and adverse selection are concepts related to economics and corporate governance, and are not related to the development of organizational statements.

_______ Represents a Statement That Is Sometimes Developed to Express