BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -A company mission statement establishes a clear understanding of your company’s purpose and what it delivers to customers. A company mission statement is an action-based statement that declares the purpose of an organization and how they serve their customers.

Detailed explanation-2: -A purpose statement provides the reason or reasons you exist. It is about why you exist, whereas the mission is about what you do and for whom.

Detailed explanation-3: -Mission statements are an incredibly important navigational tool when you are thinking about the future of your company. By identifying the purpose of your work, you can better understand the goals your company should be committed to accomplishing.

Detailed explanation-4: -A Mission Statement is a definition of the company’s business, who it serves, what it does, its objectives, and its approach to reaching those objectives. A Vision Statement is a description of the desired future state of the company. An effective vision inspires the team, showing them how success will look and feel.