A strategic vision outlines management’s aspirations for the business, providing a panoramic view of ‘where we are going’ and a convincing rationale for why this makes good business sense for the organisation. Discuss the importance of setting a strategic vision for the company and use examples to illustrate your answer.
Expert Answer
For any business it is important to set a goal first. It should be clear business’s mission and vision .
If any goal for short time it is known as mission and goal of any business for long period is known as vision. Generally mission is for short
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