Asked by
La’Nihya Jones
on Oct 30, 2024
Verified
The planning exercise that involves getting out of your usual working environment and imagining what the business could look like in three years is called ______.
A) the Business Model Canvas
B) Vivid Vision
C) a back of a napkin sketch
D) a business brief
Vivid Vision
A detailed and clear description of a future state or goal that one aims to achieve, often used for motivation and strategic planning.
Business Model Canvas
A visual chart with elements describing a firm's value proposition, infrastructure, customers, and finances, facilitating an understanding of a business model.
- Appreciate the importance of engaging in visioning exercises such as Vivid Vision for setting the future direction of a business.
Verified Answer
GM
Learning Objectives
- Appreciate the importance of engaging in visioning exercises such as Vivid Vision for setting the future direction of a business.