A Strategic Vision Constitutes Management's View and Conclusions About the Company's

question 22

Multiple Choice

A strategic vision constitutes management's view and conclusions about the company's:

• A) long-term direction and what product-market-customer mix seems optimal.
• B) business model and the kind of value that it is trying to deliver to customers.
• C) story line of why the business will be a moneymaker.
• D) defined challenge to understand "who they are and what they do."
• E) long-term plan for outcompeting rivals and achieving a competitive advantage.

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Definitions:

Aquatic Community

A group of species that live in the same habitat and interact with each other in a body of water.

Estuaries

Coastal water bodies where river meets the sea, mixing fresh and saltwater and creating ecosystems with high biological productivity.

Nursery

A place specifically designed for the care and growth of young plants, trees, or children, providing appropriate conditions for development.

Sea

A large body of saltwater that is often connected to an ocean and may be partially or completely surrounded by land.