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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

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Comments ( 1 )

  1. Swapnil Tambe
    Swapnil Tambe :
    4 years ago

    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

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