BUSINESS ADMINISTRATION
INTERNATIONAL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is true about mission statements?
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defines a market oriented purpose of an organization
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provides direction & inspires individuals
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commits resources
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All of the above are true
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Explanation:
Detailed explanation-1: -Mission statements define your organization’s purpose and its primary objectives. They are set in the present tense, and explain why you exist as a business, both to members of your organization and to people outside it. Mission statements tend to be short, clear and powerful.
Detailed explanation-2: -b. They outline the purpose of the company, over-arching goals and acts as the starting point for decision-making within the organization.
Detailed explanation-3: -A mission statement defines what an organization is, why it exists, its reason for being.
There is 1 question to complete.