Management's strategic vision for an organization
A) charts a strategic course for the organization ("where we are going") and provides a rationale for why this directional path makes good sense.
B) describes in fairly specific terms the organization's strategic objectives, and strategy.
C) spells out how the company will become a big moneymaker and boost shareholder value.
D) addresses the critical issue of "why our business model needs to change and how we plan to change it."
E) spells out the organization's strategic intent and the actions and moves that will be undertaken to achieve it.
Correct Answer:
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Q9: Characteristics of an effectively worded strategic vision
Q10: A strategic vision constitutes management's view and
Q11: The managerial task of developing a strategic
Q12: A company's strategic plan
A)maps out the company's
Q13: Company managers are unlikely to consider this
Q15: What a company's top executives are saying
Q16: The defining characteristic of a well-conceived strategic
Q17: Well-conceived visions are _ and _ to
Q18: A company's strategic vision concerns
A)management's storyline of
Q19: The real purpose of the company's strategic
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