ENTREPRENEURSHIP

Detailed explanation-1: -A mission statement is defined as an action-based statement that declares the purpose of an organization and how they serve their customers.

Detailed explanation-2: -Mission statement is the statement of the role by which an organization intends to serve it’s stakeholders. It describes why an organization is operating and thus provides a framework within which strategies are formulated.

Detailed explanation-3: -What is a mission statement? A mission statement is an action-oriented statement declaring the purpose an organization serves to its audience. It often includes a general description of the organization, its function, and its objectives.