BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

STRATEGIC MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In his​ company’s vision​ statement, Jorge includes what the company should accomplish within five years. This exemplifies the​ ____ characteristic of effective vision statements.
A
futuristic
B
inspiring
C
concise
D
unique
Explanation: 

Detailed explanation-1: -What are the main characteristics of a vision? Research on visionary leader-ship suggests that visions have five characteristics: a picture, a change, values, a map, and a challenge (Nanus, 1992; Zaccaro & Banks, 2001).

Detailed explanation-2: -A vision statement is a business document that states the current and future objectives of an organization. A company’s vision must align with its mission, strategic planning, culture, and core values.

Detailed explanation-3: -Mission statements tend to be short, clear and powerful. Vision statements also define your organization’s purpose, but they focus on its goals and aspirations. These statements are designed to be uplifting and inspiring.

There is 1 question to complete.