A vision for a company is
A) an explanation of why the company exists and where it wants to go.
B) the same thing as an objective.
C) a detailed plan that outlines the major organizational structure of the firm.
D) very relevant for the short term, but less useful for the long term.

Question

Quizplus · Accepted Answer

A vision for a company is an overarching statement that explains the company's purpose and aspirations for the future. It provides direction and motivation for employees and stakeholders and helps to guide strategic decision-making. It is not the same thing as an objective, which is a specific and measurable goal to achieve. While a vision can have a long-term focus, it should remain relevant and adaptable to changing circumstances.

A Vision for a Company Is