Which of the following strategic management concepts consists of a company's mission and a picture of what the firm hopes to become in the future?
A) vision
B) core competence
C) strengths
D) strategy

Question

Quizplus · Accepted Answer

A company's mission and its envisioned future are encapsulated in its vision statement. Core competencies refer to a company's unique strengths, while strengths are the skills and resources that a company possesses. A strategy is a long-term plan to achieve a company's goals.

Which of the Following Strategic Management Concepts Consists of a Company's