GENERAL KNOWLEDGE

GK

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A description of the ultimate goals of a company.
A
Recruiting
B
Mission Statement
C
Human Resources
D
Rewards and encourage creativity
Explanation: 

Detailed explanation-1: -A mission statement clarifies what the company wants to achieve, who they want to support, and why they want to support them. On the other hand, a vision statement describes where the company wants a community, or the world, to be as a result of the company’s services.

Detailed explanation-2: -Mission is a general statement of how you will achieve your vision. Strategies are a series of ways of using the mission to achieve the vision. Goals are statements of what needs to be accomplished to implement the strategy. Objectives are specific actions and timelines for achieving the goal.

Detailed explanation-3: -A vision statement should motivate the organization’s employees and outline its ultimate goals. While a mission statement concentrates on what a company can provide for its customers, a vision statement is more self-focused, outlining the goals of the business for growth and success.

Detailed explanation-4: -A good business mission statement should be between one and three sentences and never exceeds 100 words. This means they’re a little longer than most company slogans, but they’re still short, catchy, action-focused statements that encapsulate what your business does and what its values are.

Detailed explanation-5: -Do keep it short and concise. Sum up the company’s mission in just a few sentences. Don’t write an essay. Do think long-term. Don’t make it too limiting. Do find out what your employees think of the mission statement. Don’t be afraid to change it.

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