Vidyalelo
Management · Q6

Strategic Management

Graduate and Post Graduate · Management · question 6

Q6

A possible and desirable future state of an organization is called:

A.
Mission
B.
Vision
Answer
C.
Strategy implementation
D.
Strategy formulation

Answer: Option B

Solution

Answer: Option B
Solution:
A possible and desirable future state of an organization is called Vision. Vision is a future-oriented concept of the business. Forming a strategic vision is an exercise in thinking about where a company needs to head to be successful.