focusNode Show Didn't know it? Knew it? Embed Code - If you would like this activity on your web page, copy the script below and paste it into
your web page. Strategic Mgmt 1
What is the purpose of a company's strategic vision?A strategic vision delineates management's aspirations for the company's future, providing a panoramic view of “where we are going” and a convincing rationale for why this makes good business sense.
What is the purpose of a company's strategic vision quizlet?A company's strategic vision describes: management's aspirations for the future and delineates the company's strategic course and long-term direction. The real purpose of the company's strategic vision: serves as management's tool for giving the organization a sense of direction.
Why is a sound well communicated strategic vision important?A vision statement must clearly convey a firm's long-term direction, not obscure it in foggy language. An effectively communicated vision is a valuable management tool for enlisting the commitment of the firm's personnel to actions that will move the firm in its intended strategic direction.
Which of the following are characteristic of an effectively worded strategic vision statement?Which of the following are characteristics of an effectively worded strategic vision statement? From Table 2.2, it is evident that an effectively worded vision statement is graphic, directional, focused, flexible, feasible, desirable, and easy to communicate.
|