A Vision Statement Is a Succinct Statement That Identifies Long-Term

question 29

True/False

A vision statement is a succinct statement that identifies long-term strategic purpose of the organisation.

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Definitions:

Existing Products

Goods or services that are currently available in the market from a company or organization, as opposed to new or upcoming releases.

Vision

A clear and aspirational statement defining the desired future state or goal of an organization or individual.

Strategic Objectives

Long-term goals that an organization aims to achieve, guiding its direction and strategic planning efforts.

Core Competencies

The essential skills, abilities, and knowledge that are crucial for success in a particular role or organization.