GK
BUSINESS MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
TRUE
|
|
FALSE
|
|
Either A or B
|
|
None of the above
|
Detailed explanation-1: -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.
Detailed explanation-2: -The vision statement provides insight into what the company hopes to achieve or become in the future. The values statement reflects the organization’s core principles and ethics. Together, these statements provide strategic direction for an organization, informing current and future business strategies.
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 mission statement communicates the organization’s reason for being and how it aspires to serve its key stakeholders. The vision statement is a narrower, future-oriented declaration of the organization’s purpose and aspirations.