GENERAL KNOWLEDGE

GK

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A short statement stating a business’s day to day goals is
A
mission statement
B
vision statement
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -A mission statement is used by a company to explain, in simple and concise terms, its purpose(s) for being. It is usually one sentence or a short paragraph, explaining a company’s culture, values, and ethics.

Detailed explanation-2: -Mission Statements. “To empower creators to make their best work and get it in front of the audience they deserve.” “To connect the world’s professionals to make them more productive and successful.” “To give people the power to share and make the world more open and connected.”

Detailed explanation-3: -A mission statement is a brief description of why a company or organization exists. In one to three sentences, it explains what the company does, who it serves, and what differentiates it from competitors.

Detailed explanation-4: -The mission embraces the set of short-term to medium-term objectives and thus it helps in tactical planning and organize everyday operations. It helps members of the organization understand on what they should do and how they should do it.

There is 1 question to complete.