What is the primary function of a company's vision?

• To create a social media presence

• To outline the company's financial goals

• To serve as a principle for company operations

• To define the company's marketing strategy

According to Marion Talbot, what does a vision represent?

• The company's historical background

• The target market for products

• The values of the organization

• The company's profit margins

What is the relationship between a company's vision and mission?

• Vision is more important than mission

• They are completely independent

• Mission is a practical expression of vision

• Mission statements are optional

What does reputation management aim to protect?

• The company's employee satisfaction

• The company's reputation

• The company's financial assets

• The company's physical assets

Which of the following is NOT a strategic area in reputation management?

• Crisis communication

• Corporate advertising

• Employee training

• Media relations

What is a key factor in maintaining a company's reputation?

• Focusing solely on profits

• Identifying reputational risks

• Ignoring public opinion

• Limiting communication with stakeholders

What is one of the greatest business risks according to the text?

• Political Risk

• Credit Risk

• Reputation Risk

• Market Risk

What does the term 'deceitful virtue' refer to?

• Effective crisis management

• Transparent business practices

• Misleading PR activities

• Honest advertising

What is a consequence of poor reputation management?

• Loss of stakeholder trust

• Increased customer loyalty

• Higher employee satisfaction

• Improved market share

What is the role of social media in reputation management?

• It has no impact

• It is only used for advertising

• It can escalate issues

• It only promotes positive news