what helps a company move toward achieving its vision and mission is _____
corporate social responsability
activist investors
goals and objectives
competitors and stakeholders
One possible answer could be: goals and objectives
Goals and objectives
What helps a company move toward achieving its vision and mission is a combination of factors. Let's break down the options:
1. Corporate social responsibility: Corporate social responsibility refers to a company's commitment to operating in a socially and environmentally responsible manner. This can involve activities such as giving back to the community, minimizing environmental impact, and promoting ethical practices. While corporate social responsibility can enhance a company's reputation and build trust with stakeholders, it alone may not be sufficient to achieve the overall vision and mission.
2. Activist investors: Activist investors are shareholders who proactively engage with companies to advocate for changes, such as increased profitability, governance improvements, or strategic realignment. While activist investors can bring attention to areas of improvement and help companies align their goals, they are more of an external influence rather than an internal factor in achieving the company's vision and mission.
3. Goals and objectives: Goals and objectives are essential tools for guiding a company's progress toward its vision and mission. By setting clear, measurable, and time-bound goals and objectives, a company can outline specific steps and targets to work towards. These targets help align the efforts of employees, departments, and the organization as a whole, ensuring that everyone is moving in the same direction and staying focused on the long-term mission and vision.
4. Competitors and stakeholders: Competitors and stakeholders play important roles in shaping a company's strategy and progress towards its vision and mission. Competitors drive innovation, challenge the company to improve, and push boundaries. Stakeholders, such as customers, employees, investors, and suppliers, provide feedback, support, and influence the company's activities. By understanding and responding to the needs and expectations of competitors and stakeholders, a company can adapt and make necessary adjustments to stay on track towards its vision and mission.
In conclusion, while all the options can have some impact on a company's progress, goals and objectives, along with competitors and stakeholders, play a more direct and fundamental role in helping a company move toward achieving its vision and mission.