BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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is a nicely and attractively worded slogan of the organization
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motivates the organization to go where it wants to go
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is the same as its mission
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is an individual goal of a department
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Detailed explanation-1: -A Mission Statement is a definition of the company’s business, who it serves, what it does, its objectives, and its approach to reaching those objectives. A Vision Statement is a description of the desired future state of the company. An effective vision inspires the team, showing them how success will look and feel.
Detailed explanation-2: -A Vision Statement defines your desired future state and provides direction for where you are going as an organization.
Detailed explanation-3: -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.