which of the following is true about a companys vision statement
the vision statement is the expected profit or loss
the vision statement is a map of how to reach the companys mission
the vision statement is an overall goal for the company
The correct option is: - "The vision statement is an overall goal for the company."
A company's vision statement is a concise and inspiring declaration that outlines the long-term goals and aspirations of the organization. It serves as a guide for decision-making and strategy development within the company and helps align employees and stakeholders towards a common purpose. The vision statement often describes the desired future state that the company aims to achieve. It is not specifically related to expected profit or loss, nor does it outline the specific steps or map on how to reach the company's mission.
The correct answer is: The vision statement is an overall goal for the company.
A company's vision statement is a declaration of its aspirations and future objectives. It outlines the long-term goals and desired outcomes that the company aims to achieve. It provides a sense of direction and purpose, guiding the company's strategy and decision-making processes. Unlike the expected profit or loss, which is a financial measure, or a map of how to reach the company's mission, which would be more aligned with the company's strategic plans or objectives, the vision statement focuses on the overall desired future state or purpose of the organization.