Question: The primary difference between a company's mission statement and the company's strategic vision is that a Group of answer choices mission statement explains why it
The primary difference between a company's mission statement and the company's strategic vision is that a
Group of answer choices
mission statement explains why it is essential to make a profit, whereas the strategic vision explains how the company will be a moneymaker.
mission statement addresses "how we are trying to make a profit today," while a strategic vision concerns "how will we make money in the markets of tomorrow?"
mission statement deals with "where we are headed," whereas a strategic vision provides the critical answer to "how will we get there?"
mission statement deals with how to please customers, whereas a strategic vision deals with how to please shareholders.
mission statement typically concerns a company's present business scope and purpose, whereas a strategic vision sets forth "where we are going and why."
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