The Defining Characteristic of a Well-Conceived Strategic Vision Is

question 115

Multiple Choice

The defining characteristic of a well-conceived strategic vision is

• A)what it says about the company's future strategic course-"the direction we are headed and what our future product-market-customer focus will be."
• B)that it not stretch the company's resources too thin across different products, technologies, and geographic markets.
• C)clarity and specificity about "who we are, what we do, and why we are here."
• D)that it be flexible and operate in the mainstream.
• E)that it be within the realm of what the company can reasonably expect to achieve within four years.

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Definitions:

Frames

Frames in negotiations refer to the perspectives or viewpoints through which problems or issues are interpreted and understood by the parties involved.

Parties

Individuals or groups involved in a process, transaction, or dispute, each with their own interests and objectives.

Numerical Probabilities

Quantitative measures expressing the likelihood or chance of specific outcomes, typically represented as fractions, percentages, or decimals.

Perception

The process of interpreting sensory information to understand and interact with the environment.