BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the definition of a company’s core business similar to?
A
goal statement
B
code of conduct
C
the industry
D
mission statement
Explanation: 

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: -You can understand the difference by thinking what, why, and how. Mission: What the company does. Vision: Why the company does it. Values: How the companies does it.

Detailed explanation-4: -A formal declaration of the overall goal or purpose of an organization or project. statement of purpose. road map. statement of objectives. vision statement.

There is 1 question to complete.