ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Mission statements
A
are the guidelines that direct employees’ behavior
B
describe the reason the business exists and what they want to accomplish
C
are written explanations of how specific business ideas will be carried out
D
are the principles of conduct governing an individual or group
Explanation: 

Detailed explanation-1: -From the outside looking in, a mission statement demonstrates that a company has considered the big picture and the major goals it wants to accomplish. It demonstrates thoughtful leadership, reputability, and inspiration to potential investors, employees, or donors.

Detailed explanation-2: -The vision statement describes where the organization wants to be in the future; the mission statement describes what the organization needs to do now to achieve the vision. The vision and mission statements must support each other, but the mission statement is more specific.

There is 1 question to complete.