What are the 2 key components of a vision statement?

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Study for the Year 11 Business Studies Preliminary Exam. Use flashcards, multiple-choice questions, and detailed explanations for each topic. Prepare effectively for your exam and boost your confidence!

Multiple Choice

What are the 2 key components of a vision statement?

Explanation:
A vision statement looks ahead to what the business wants to become in the future and should inspire and motivate people to work toward that future. The two parts that fit this are describing the future direction of the business and providing motivation. The other options focus on current operations, financial metrics, or people processes, which are not about guiding the long-term direction or inspiring action. So the best choice is the one that pairs a future goal with motivation.

A vision statement looks ahead to what the business wants to become in the future and should inspire and motivate people to work toward that future. The two parts that fit this are describing the future direction of the business and providing motivation. The other options focus on current operations, financial metrics, or people processes, which are not about guiding the long-term direction or inspiring action. So the best choice is the one that pairs a future goal with motivation.

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