Which of the following can be identified as a best statement that represents a firms big picture statements, describing a desired end state, general in scope and not restrictive?
A. Corporate philosophy statement
B. Company creed
C. Vision statement
D. Mission statement
Answer: Option C
Solution (By Examveda Team)
Vision statement can be identified as a best statement that represents a firms big picture statements, describing a desired end state, general in scope and not restrictive. A vision statement is an organization's declaration of its mid-term and long-term goals, stating what they want to become in the future. Vision statements act as a goal for a company to strive toward.This Question Belongs to Management >> Strategic Management
A Vision statement is generally time-bound. But a 'Mission' statement is not time bound. So to describe it as unrestrictive, answer should be 'Mission' statement