Question $8(2$ points$)$

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A company's strategic vision concerns

what the company will need to do in the years ahead to please customers, be competitively successful, and satisfy the expectations of shareholders.

management's conclusions about what it will take for the company to grow revenues and be attractively profitable in the next $3-5$ years.

top management's views and conclusions about the company's long$-$term direction and what product$-$customer$-$market$-$business mix seems optimal for the road ahead.

what future actions the enterprise will likely need to undertake to outmaneuver rivals and achieve a sustainable competitive advantage.

top management's forecasts about the company's future rate of growth, profitability, ability to attract growing numbers of customers, and the type of competitive advantage it will be able to secure$.$