b. spells out how the company is going to get from where it is now to where it wants to go and when it is expected to arrive. A company's strategic vision concerns ... C. in order to unify the company's strategic vision and business model. organization's strategic vision? It is aspirational and need not be fully achievable. A business strategy is a powerful tool for helping you reach your business goals, defining the strategies and tactics you need to take within your company. ) A company's strategic vision concerns A. A strategic vision is an ambitious picture of the future that guides an organization's strategy. A company’s strategic vision concerns A) a company’s directional path and future product-customer-market-technology focus. what future actions the enterprise will likely undertake to outmaneuver rivals and achieve a sustainable competitive advantage. D. for its operations as a whole and also for each of its separate businesses, product lines, functional departments, and individual work units. E. in order to prevent lower-level organizational units from establishing their own objectives. In other words, a strategic vision serves as a direction and purpose as opposed to a concrete goal. The business strategy also guides many of your organizational decisions, such as hiring new employees. The following are common types of strategic vision. A clearly articulated view of "where we are going" B. A workable vision clearly looks beyond where the company is today and determines where the owners want the company to be at some point in the future. "who we are and what we do." C) management’s storyline of how it intends to make a profit with the chosen strategy. A. B) why the company does certain things in trying to please its customers. Economics A vision for the economics of a firm or industry. management's story line of how it intends to make a profit with the chosen strategy. A company's strategic vision concerns why the company does certain things in trying to please its customers. Within this context, the strategic vision helps to set the parameters for the development of planning specific steps to go about making that vision come true, since it establishes the general direction that the business will pursue. Strategic planning should constitute a major modality— or a foundation—that supports participants’ longer-range goals or vision. c. consists of thinking through what it will take to make the chosen strategy work as planned. A strategic vision for a company_____ a. concerns management's view of how to transition the company's business model from where it is now to where it needs to be. Creating a business strategy that's in line with the vision you have for your company takes time and development. B. why the company does certain things in trying to please its customers. Definition.