The strategic vision of a company
A)is used for the systematic monitoring of its external opportunities.
B)is the basic purpose of the company.
C)is the strong enduring belief used by the company to make decisions.
D)provides a perspective on where the company is headed.

Question

Quizplus · Accepted Answer

The strategic vision of a company provides a perspective on where the company is headed, outlining its future goals and aspirations. It helps the company establish clear direction and focus, guiding decision making and resource allocation. While external opportunities may be considered in developing the strategic vision, it is not solely used for systematic monitoring of such opportunities. It is also not necessarily the basic purpose of the company or a strong enduring belief.

The Strategic Vision of a Company