An organization's statement of how it will achieve its purpose in the environment in which it conducts its business is called a vision statement.

Name: An organization's statement of how it will achieve its purpose in the environment in which it conducts its business is called a vision statement.
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Quizplus · Accepted Answer

A vision statement outlines what an organization aspires to become in the future, while a mission statement describes how it will achieve its purpose in the present environment.

An Organization's Statement of How It Will Achieve Its Purpose