A Strategic Vision Provides the Strong and Enduring Beliefs and Principles

question 98

True/False

A strategic vision provides the strong and enduring beliefs and principles that the company uses as a foundation for its decisions.

---

Definitions:

Interest Rate

The percentage of an amount of money charged for its use per a certain period.

Perpetuity

A type of annuity that generates an infinite series of payments into the future, without an end date.

Present Value

The value now of a future monetary total or cash flows, based on an established return rate.

Cash Flow

The overall flow of cash and assets similar to cash entering and exiting a corporation.