The managerial task of developing a strategic vision for a company
A)concerns deciding what approach the company should take to implement and execute its business model.
B)entails coming up with a fairly specific answer to "who are we, what do we do, and why are we here?"
C)is chiefly concerned with addressing what a company needs to do to successfully outcompete rivals in the marketplace.
D)involves deciding upon what strategic course a company should pursue in preparing for the future and why this directional path makes good business sense.
E)entails coming up with a concrete plan for how the company intends to make money.

Question

Quizplus · Accepted Answer

Developing a strategic vision involves deciding upon what strategic course a company should pursue in preparing for the future and why this directional path makes good business sense. It goes beyond just making a concrete plan for making money and includes addressing competition, company identity, and implementation of the business model.

The Managerial Task of Developing a Strategic Vision for a Company