SOLVED

36A troubled organization has positive operating performance and negative organizational health. 37A firm could be considered to be in crisis if both operating performance and organizational health are negative. 38All organizations need a clear sense of what and who they are. 39A formal mission statement may have limited utility if it is not embraced by everyone within the organization. 40Successful companies often have an enduring set of core values. 41Values represent the basic beliefs that govern individual and group behaviour in an organization. 42Strongly held core values can become a liability over time. 43Core purpose defines the reason an organization exists. 44Goals and objectives differ from the core purpose of the organization because they are intended to be achievable and the core purpose may never be fully realized. 45A mission is a clear and compelling goal that serves to unify an organization. 46A good vision statement should be one that is readily achievable. 47Linking the vision with organizational strategy is a critical task of the general manager. 48One of the differences between vision and strategy is the time-frame. 49The vision for the organization is intended to provide direction and guidance.