Killian decides that he needs a few days away from it all to think out his ideas.He takes up an offer from a friend to spend a few days in his mountain cabin.During this time,Killian imagines what his business will look like in 3 years.He pictures his customers using his product and coming into his facility.Killian is engaging in a practice called ______.

A) strategic planning
B) Vivid Vision
C) detailing
D) Business Model Canvas

Vivid Vision

A detailed description of what a company aims to achieve in the future, often visualized comprehensively to inspire action towards those goals.

Strategic Planning

The process of defining an organization's strategy or direction and making decisions on allocating resources to pursue this strategy.

Business Model Canvas

A strategic management tool that visually outlines a company's value proposition, infrastructure, customers, and finances, facilitating an understanding of how various business aspects interconnect.