When the organizational vision, mission or values contradict its strategy, conflict can occur between the direction of organizational actions and conflict between internal and external relationships.
An example that the strategy was not aligned with an organization's vision could be an organization that set out to reduce its impacts on the environment over a period of time, but did not take such action.
<h3 /><h3>What is a company's mission and vision?</h3>
The mission corresponds to the reason a company exists, its purpose in the market, while the vision corresponds to the future planned for the company, that is, how it intends to develop to reach an end in a period of time.
Therefore, joining the values, mission and vision of a company must be aligned with its strategy, as they are capable of shaping the perception of stakeholders in a positive or negative way, as well as helping to guide towards an innovative and successful future.
This seems to me like a True or False question and the answer would be False.
Payback period is calculated on the basis of the timing of cash flows and since we do not know the useful life of Project B neither do we know the timing of it's cash flows, we cannot say for certain that Project A has a shorter Payback period.
For example, the initial investment could be $5 million for instance but Project A only pays $10 million on its 5th year whereas Project B had a useful life of 4 years and paid $2 million each of those years. Meaning it would have paid back before the end of the 3rd year.
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