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What is the difference between Mission & Vision in business?

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Question added by MUSTAFIZUR RAHMAN , Senior Merchandiser , Ultimate Fashions Limited.
Date Posted: 2016/06/19
Ahmed Mohamed Fahmy
by Ahmed Mohamed Fahmy , Vice General Manager , DATALINEZ for IT solutions

vision is what do your business to be in the next 3-5 years (the dream that you wish to achieve it but not achieved at the moment) but the mission is why the business exists in the market (the role that your business play in the market; the value that your business will add to the market)

Ramakrishna Panneerselvam
by Ramakrishna Panneerselvam , System Analyst , Dhow Information Systems

Mission will be goals and plans. Vision is having an eye on them. So take carefull look on every step to succeed in business.

Mustafa Khokhawala
by Mustafa Khokhawala , Head of Investments , Ahli United Bank

An organization should include vision and mission in long term strategy designed to achieve objectives of the shareholders. Vision of an organization is value which is it aims to create in society and at economy at large going forward. Mission is plan focused to attain the management vision.

Duncan Robertson
by Duncan Robertson , Strategy Consultant , Duncan Robertson Consultancy

Since 'Mission' and 'Vision' in business are almost always meaningless terms, your question is moot.

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