Before moving forward with its strategic management, organizations should develop vision statements that describe:
- The goals and objectives of the organization
- A vision statement is the statement of a company or organization that states the aims, plans and objectives of the company.
- The vision statement is important because it gives the purpose of the company and helps employees have an idea of where the company is heading.
- Strategic management is the plan in motion to implement the aims and objective of an organization.
- This strategic management is important because it makes the necessary plans and policies to make sure that the vision statement of the company is met.
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