You have a strong application and great ambition.
Regarding your first question, you don’t need to get incredibly specific—and as a matter of fact it might sound contrived if you focus in on a certain company (Ex with consulting: “I want to be a consultant in McKinsey’s San Francisco office”). However, you should have an “opportunity set” that appeals to you (Ex with consulting: “I want to be in a consulting role where I can work on critical technology issues.)
For your application, here is an article on the next steps you can take: http://www.usnews.com/education/blogs/M ... ess-school
. I did not see your prior application, so it is not possible for me to say whether your improvements are enough. It sounds like you have put a lot of effort into improving your application, which is very important.
Conrad and the Stacy Blackman
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MBA blogger, US News and Author, The MBA Application Roadmap