What Is a Vision for a Company

question 89

Multiple Choice

What is a vision for a company?

• 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 company
• D) very relevant for the short term, but less useful for the long term

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Definitions:

Efficient Frontier

A concept in modern portfolio theory representing the set of optimal portfolios that offer the highest expected return for a defined level of risk or the lowest risk for a given level of expected return.

Standard Deviation

A statistic that measures the dispersion of a dataset relative to its mean and is used as a measure of volatility.

Expected Return

The predicted yield or gains an investor anticipates on an investment, based on historical or statistical measures.

Efficient Frontier

A concept in modern portfolio theory representing a set of optimal investment portfolios that offer the highest expected return for a defined level of risk.