What is Mean by Vision ?
Vision is a long term direction (generally for five (5) years) that is closely related to company’s future business scope - about where the organization is headed or where should the company be headed.
Actually vision is a view of “where we are going”.
Example : “A computer on every desk and in every house using great software” it is a vision of Microsoft.
You may have interest about the followings
What is Authorized Capital ?
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What is Dividend ?