Question

The sum of an organization's strategic vision and mission, objectives and strategy constitutes a strategic plan for coping with industry conditions, outcompeting rivals, meeting objectives and making progress towards the strategic vision. An organization whose strategic plan is based around ambitious stretch goals that require an unwavering commitment to do whatever it takes to achieve them is said to have strategic intent.

Q- Write a discussion on this statement, using an example of a company to illustrate your answer and why did you choose this example.                                                        

Answer 1

Companies have a strategic vision, mission, objectives, and strategy based upon which organizations compete with each other in a highly competitive world. It is important to mention that companies like Google have a strategic mission of making information accessible to the world. This has made Google one of the online search giant. Information stored in various databases is made available through the Google's search engine. It is important to mention that other companies are competing for the market share but does it better than others with their unique mission and strategic plan. I have taken the example of Google because Google is one of the pioneers and can adapt and change as per the needs and tastes of the users strategically.

Note: If you liked the answer please give an Up-vote, this will be quite encouraging for me, thank you!