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Explain What a Visionary Organization Is and the Three Questions

question 237

Essay

Explain what a visionary organization is and the three questions (why, what, and how) that need to be answered to achieve success.


Definitions:

Functional Excellence

Superior performance and efficiency in specific business functions, such as marketing, operations, or finance.

Different Departments

Various specialized units within an organization or government that handle specific tasks or areas of responsibility.

Joint Venture

A strategic alliance between two or more parties to undertake economic activity together.

Global Expansion Strategy

A plan implemented by businesses to increase their presence in various international markets.

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