ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Business principals are guidelines that are defined in the Mission Statement and never change.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -In the context of management, a mission is a quest, a journey to a destination in which the whole organization is engaged. The mission statement tells us what our goal is – where are we going. It provides the compass setting for the organization. It is the foundation of effective leadership.

Detailed explanation-2: -Step 1: Gather Information, Form a Planning Team and Organize a Meeting. Step 2: Define Whom the Organization Serves. Step 3: Clarify What the Organization Does. Step 4: Explain Why the Organization Does What it Does. Step 5: Describe How the Organization Delivers Products and Services. More items

There is 1 question to complete.