BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

STRATEGIC MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The fundamental purpose for the existence of any organization is described by its
A
policies
B
Vision
C
Procedure
D
strategy
Explanation: 

Detailed explanation-1: -Mission-The basic reason of an organization or an enterprise, briefly describing why it exists and what it does to achieve its vision.

Detailed explanation-2: -Mission: Defines the fundamental purpose of an organization or an enterprise, succinctly describing why it exists and what it does to achieve its Vision. The mission could be either for the long term or the short term.

Detailed explanation-3: -Organisational purpose is: An organisation’s meaningful and enduring reason to exist that aligns with long-term financial performance, provides a clear context for daily decision making, and unifies and motivates relevant stakeholders.

There is 1 question to complete.