Please explain the right answer and also the wrong answers 1. Mission and vision statements are followed by articulation of _____________________, which are a set of corporate priorities and institutional standards of behavior. Select one: A. corporate image B. corporate culture C. corporate values D. employee training 2.The major challenge facing today’s hospitality companies is knowing _______________________________ in the face of a rapidly changing marketplace and environment Select one: A. how to retain good employees B. how to differentiate C. how to build and maintain healthy businesses D. competitors

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter4: Choosing A Form Of Business Ownership
Section: Chapter Questions
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Please explain the right answer and also the wrong answers

1. Mission and vision statements are followed by articulation of _____________________, which are a set of corporate priorities and institutional standards of behavior.

Select one:

A. corporate image

B. corporate culture

C. corporate values

D. employee training

2.The major challenge facing today’s hospitality companies is knowing _______________________________ in the face of a rapidly changing marketplace and environment

Select one:

A. how to retain good employees

B. how to differentiate

C. how to build and maintain healthy businesses

D. competitors

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