A vision for a company is which of the following?
A) an explanation of why the company exists and where it wants to go
B) the same thing as an objective
C) a detailed plan that outlines the major organizational structure of the company
D) very relevant for the short-term, but less useful for the long-term

Question

Quizplus · Accepted Answer

A vision for a company is an explanation of why the company exists and where it wants to go. It provides a clear direction and purpose for the company and helps guide decision making and goal setting. It is different from an objective, which is a specific, measurable goal that the company wants to achieve within a certain time frame. A vision is also more relevant for the long-term, as it sets the overall direction for the company's future.

A Vision for a Company Is Which of the Following