An organization's mission is a statement of its fundamental, unique purpose that sets a business apart from other firms of its type and identifies the scope of the business's operations in product and market terms. The correct answer is option(a).
A succinct, comprehensive description of an organization's objectives and plans for achieving them is known as a mission statement or an organization's mission. It frequently discusses the services that the company provides as well as how it wishes to benefit its clients, the local community, its workers, its shareholders, and other interested parties.
The harvesting of value from a business's assets is referred to as business operations. Rent is an illustration of value that is obtained from a tangible asset, such as a building. A royalty is an illustration of value created from an idea or other intangible asset.
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The complete question is:
An organization's _____ is a statement of its fundamental, unique purpose that sets a business apart from other firms of its type and identifies the scope of the business's operations in product and market terms.
a. mission
b. statement of qualification
c. article of incorporation
d. operational goal
e. tactical plan
