Business Studies

Which of the following describes the desired future position of the company?


ANSWER

Vision statement


SOLUTION
A vision statement is sometimes called a picture of your company in the future but it’s so much more than that. Your vision statement is your inspiration, the framework for all your strategic planning
It describes what you are trying to build and serves as a touchstone for your future actions. A vision statement may apply to an entire company or to a single division of that company.
Whether for all or part of an organization, the vision statement answers the question, "Where do we want to go?"
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 197
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Statutory corporations are ____________.
  • A. Private enterprises
  • B. Public enterpises
  • C. Government enterprises
  • D. Both A & B

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
_____is the conclusive evidence in case of company that statutory all the requirements have complied with regarding the company registration.
  • A. Certificate of incorporation
  • B. Certificate of commencement of business
  • C. Both
  • D. None of the above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
The principles of right and wrong that are accepted by an individual or organization are what comprise _________ .
  • A. brand equity
  • B. company image
  • C. competitive advantage
  • D. value system

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
All the appointed directors are required to submit their consent letter to Registrar. It is true for ______________.
  • A. private ltd. co.
  • B. public ltd. co.
  • C. all the companies
  • D. not relevant

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
A MNC is defined by an organization ___________.
  • A. carrying out production in more than one country.
  • B. having sales in more than one country.
  • C. having a multi-ethnic workforce
  • D. having- suppliers in more than one country

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer