With regard to a corporate strategy framework,_____ define(s) what the corporation is and what it does and provides important guidelines for managing and improving the corporation.
A) resource allocation
B) synergies
C) objectives
D) management's vision

Question

With regard to a corporate strategy framework,_____ define(s) what the corporation is and what it does and provides important guidelines for managing and improving the corporation. 
A) resource allocation
B) synergies
C) objectives
D) management's vision

Quizplus · Accepted Answer

Management's vision defines the purpose, values, and aspirations of the corporation. It provides direction for corporate strategy formulation and guides decision-making throughout the organization. A clear and compelling vision can inspire employees, investors, and stakeholders, and help align interests towards achieving common goals. While resource allocation, synergies, and objectives are important components of corporate strategy, they are usually derived from and informed by management's vision.

With Regard to a Corporate Strategy Framework,_____ Define(s) What the Corporation