ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A mission statement only defines what a company does, how it is done, and for whom it is done.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -A mission statement is a brief description of the overarching meaning of the company or nonprofit. A mission statement does not explain what a company does or how it does it. It attempts to succinctly explain why a company exists and what its purpose is.
Detailed explanation-2: -What is a mission statement in simple words? A mission statement is a brief statement that outlines an organization’s purpose, goals, and values. It serves as a guide for decision-making and helps to keep the organization on track.
Detailed explanation-3: -A mission statement is a brief description of a company’s fundamental purpose.
There is 1 question to complete.