BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -A mission statement is a concise explanation of the organization’s reason for existence. It describes the organization’s purpose and its overall intention. The mission statement supports the vision and serves to communicate purpose and direction to employees, customers, vendors and other stakeholders.

Detailed explanation-2: -A mission statement defines what line of business a company is in, and why it exists or what purpose it serves. Every company should have a precise statement of purpose that gets people excited about what the company does and motivates them to become part of the organization.

Detailed explanation-3: -A purpose statement is a declarative sentence which summarizes the specific topic and goals of a document. It is typically included in the introduction to give the reader an accurate, concrete understanding what the document will cover and what he/she can gain from reading it.

Detailed explanation-4: -Examples of strong purpose statements “Our purpose is to bring awareness to the need for medical supplies in overpopulated cities.”

Detailed explanation-5: -It can either be a “general purpose” or a “social purpose” statement.