The Defining Characteristic of a Well-Conceived Strategic Vision Is

question 100

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-technology 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 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:

Lower Courts

Courts that have jurisdiction at the first level in the legal system, often responsible for hearing initial cases and trials.

Precedent

A legal decision or form of proceeding serving as an authoritative rule or pattern in future similar or analogous cases.

Stare Decisis

The legal principle of determining points in litigation according to precedent.

Binding Precedent

A previous case that a particular court must follow.