BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -A mission statement and vision statement can aspire to achieve similar objectives and goals; a vision statement is usually just a more long-term goal whereas a mission statement can be more short-term.

Detailed explanation-2: -A vision statement provides a brief description of a company’s long-term goals. It’s typically ambitious and communicates how the company plans to make a difference in the world. Think of it as a roadmap for making decisions that align with your company’s philosophy and objectives.

Detailed explanation-3: -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-4: -What are mission and vision statements? A mission statement defines the organization’s business, its objectives, and how it will reach these objectives. A vision statement details where the organization aspires to go. Why does your company exist?