BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
current
|
|
|
relevant
|
|
|
dynamic
|
|
|
broad
|
Detailed explanation-1: -A Mission statement is important for an organization because it defines the business, products or services, and customers, thereby defining the primary objective. It provides detailed information about what the organization does, how it does, and who it does it for.
Detailed explanation-2: -Leadership members must have the company’s identity in mind as they direct employees to set goals and make decisions that fit the organization’s vision. A critical element in developing a unified culture for any organization comes in the form of a mission statement.
Detailed explanation-3: -A company’s mission statement provides a guide for the company culture and workplace environment to develop positively. The values, norms and beliefs of a company create a unique cultural environment, and mission statements provide an official method for expressing that culture.