Hi Friends !!
What articulates the long-term goals of an enterprise?
(A) Policies
(B) Vision statement
(C) Both (A) and (B)
(D) None of the above
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Policies and Vision statements articulate the long-term goals of an enterprise. (Option C)
- A business enterprise sets a vision that directs all its courses of action.
- This vision is supported and executed with the help of policies and guidelines which help an enterprise in staying on track.
- The policies are formulated to achieve the long-standing goals in line with the central vision of an enterprise.
- So, both are important to articulate the goals.
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