Crafting and Executing Strategy
22nd Edition
ISBN: 9781260157475
Author: Thompson
Publisher: MCG
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Question
Chapter 2, Problem 1LO
Summary Introduction
To explain: The critical reason for the managers to have a clear strategic vision on the growth of the company.
Expert Solution & Answer
Explanation of Solution
The strategic vision states the aspiration of the management for the future aspects of the company and the direction and course in order to achieve them. The company with a panoramic view of “where it is going” provides the aspiration of the company. Thus, it is essential for the managers to have a clear strategic vision.
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