BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -A mission statement is used by a company to explain, in simple and concise terms, its purpose(s) for being. It is usually one sentence or a short paragraph, explaining a company’s culture, values, and ethics.

Detailed explanation-2: -A mission statement is defined as an action-based statement that declares the purpose of an organization and how they serve their customers. This sometimes includes a description of the company, what it does, and its objectives. A mission statement is a short summary of your company’s purpose.

Detailed explanation-3: -Mission statements create a clear and focused direction for a business to follow. On the other hand, a goal or a particular result may be included in a mission statement but is also a separate tool used to support a mission statement and the vision upon which the company is focused.

Detailed explanation-4: -A mission reflects the organization’s past and present by stating why the organization exists and what role it plays in society. Goals are the more specific aims that organizations pursue to reach their visions and missions. The best goals are SMART: specific, measurable, aggressive, realistic, and time-bound.

Detailed explanation-5: -A mission statement is a brief description of why a company or organization exists. In one to three sentences, it explains what the company does, who it serves, and what differentiates it from competitors.