ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
defined as what business should do in the future
A
vision statement
B
mission statement
C
objective
D
goals
Explanation: 

Detailed explanation-1: -A business vision is your goal for what your business will be in the future. It will align with your business goals and aspirations. Your business vision is the formal way of communicating your business goals and commitments to others.

Detailed explanation-2: -A vision statement sets an organization’s sights on the future. However, once that future is reached, the vision needs to continue moving forward. Your vision statement is a living document, not a set of static sentences. It plays an important part in your overall strategic plan for a certain time frame.

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: -A vision statement is a written document that describes where an organization is going and what it will look like when it gets there. The length of a business vision statement is not generally a consideration. It can be short, long or anywhere in between.

There is 1 question to complete.