Describes the difference between mission and strategy

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Reference no: EM132619927

Question 1. In which of the four perspectives of a balance scorecard would Return on Capital Employed be likely to appear?

A) Financial

B) Internal processes

C) Customer

D) Learning and growth

Question 2. Which best describes the difference between mission and strategy?

A) The mission includes the objectives for the next five years whereas the strategy sets them out for just the year ahead

B) Mission sets vision of a business while strategy sets out the plan to achieve the mission

C) The mission describes the business plan in words while the strategy sets it out in numbers

D) The mission set goals of the board of directions which the strategy sets targets for managers

Reference no: EM132619927

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