The Defining Characteristic of a Well-Conceived Strategic Vision Is

question 73

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 4 years.

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Definitions:

Genotypes

The genetic constitution of an organism, determining its specific characteristics.

Different Environments

Variations in the ecological and physical conditions in which organisms live, influencing their life processes and evolution.

Gantt Chart

Graphically displays the scheduling of tasks required to complete a project.

Projected Budgets

Financial plans that estimate future income and expenditures over a specific period, helping organizations plan their financial activities.