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Flashcards in Best Practices in Management Deck (3)
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1

Vision

A clear, distinctive, and specific view of what a company would like to achieve in the future.

2

Vision Statement

Describes where the organization wants to be in the future.

3

Mission Statement

Describes the purpose of the company, its goals, and how it will achieve it's vision. It defines the organization's goals, values, and reason for existence.