A vision states what a firm wants to accomplish; a mission states how a firm plans to accomplish this vision. A vision states the ethical values of a firm; a mission states the monetary goals of a firm. A vision states how much a firm wants to earn; a mission states how these earnings will be accomplished. A vision states the management values of a firm; a mission states the values of the other workers.

Question

Business

Karly Dyer

2 November, 17:36

A vision states what a firm wants to accomplish; a mission states how a firm plans to accomplish this vision. A vision states the ethical values of a firm; a mission states the monetary goals of a firm. A vision states how much a firm wants to earn; a mission states how these earnings will be accomplished. A vision states the management values of a firm; a mission states the values of the other workers.

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Carson · Answer 1

A vision states what a firm wants to accomplish; a mission states how a firm plans to accomplish this vision.

Explanation:

Defining a company's vision and mission is extremely important for its strategic planning, as its premises will serve as a guide to assist managers in the decision-making process.

The mission corresponds to the company's raison d'être, the reason for its existence and what its purpose is. The vision corresponds to the aspirations, objectives and goals that the company intends to achieve in the future. So it is correct to say that A vision affirms what a company wants to accomplish; a mission states how a company plans to realize that vision.