Question

The mission of a company lays out some desired future state and articulates that the company would like to achieve

Answer 1

Answer:

False

Explanation:

It is the Vision Statement that "lays out an entity's desired future state and articulates that the company would like to achieve it."  On the other hand, the Mission Statement defines the company's business, its goals, and its strategy to achieve the goals.  Simply, the mission conveys the purpose and reason for an entity's existence.  A Vision Statement clearly describes the desired future state or position of the company.  The vision guides the organization to make decisions that align with its philosophy and declared goals, as stated in the Mission Statement.