The company's _____ spells out management's choice of the company's most promising opportunities for new products.
A) mission statement
B) vision consortium
C) innovation strategy
D) articles of incorporation

Question

The company's _____ spells out management's choice of the company's most promising opportunities for new products. 
A) mission statement
B) vision consortium
C) innovation strategy
D) articles of incorporation

Quizplus · Accepted Answer

An innovation strategy outlines a company's plan for identifying and pursuing promising opportunities for new products. A mission statement expresses a company's purpose and values, a vision consortium is not a commonly used term in business, and articles of incorporation outline a company's legal structure and governance.

The Company's _____ Spells Out Management's Choice of the Company's