Strategic vision and mission statements are needed only by large business houses. Is it correct ?
Strategic vision and mission statements are needed only by large business houses. Is it correct ?
Jeeba Mar. 08, 2018
The given statement is incorrect.
Every organisation regardless its size should have mission and vision statement. In the recent competitive business market, it is very important to have mission/vision to sustain in the market and gain the competitive advantages over the market.
Small organizations have to plan strategies for their survival in the market where large organizations are also present.
