The ________________________ is a plan articulating where a business seeks to go and how it expects to get there.
A)vision statement
B)mission statement
C)stakeholder statement
D)stockholder statement
E)business strategy

Question

The ________________________ is a plan articulating where a business seeks to go and how it expects to get there. 
A)vision statement
B)mission statement
C)stakeholder statement
D)stockholder statement
E)business strategy

Quizplus · Accepted Answer

A business strategy outlines an organization's vision and mission statement, the goals and objectives it seeks to achieve, and the methods it will use to achieve them. The strategy defines how an organization can differentiate itself from its competitors and establish a unique position in the marketplace. A vision statement describes the future state of the organization, while a mission statement outlines the fundamental purpose and core values of the organization. A stakeholder statement outlines the interests and needs of various stakeholders, while a stockholder statement is a financial statement that provides information about the value and ownership of a company's stock.

The ________________________ Is a Plan Articulating Where a Business Seeks