Question

Which of the following statements is true of a mission statement?

Answer 1

The following statements is true of a mission statement:
e. A well-developed mission statement, no matter what the industry or size of business, will answer five basic questions.
d. A mission statement seeks to answer the question: "Why should you finance our business?"
c. A good mission statement is a complex, detailed statement that explains how the organization will contribute to its specific industry.

Answer 2

Answer:

Letter a is correct. A well-developed mission statement should answer every possible question the company's customers could have about its processes and products.

Explanation:

The organizational mission statement reflects the company's core purpose, through which it is possible to analyze the corporate identity and the goals and objectives it intends to achieve, as well as to realize the benefits and added value that the organization intends to convey to its stakeholders. To be effective, it must contain statements that are capable of directing business strategy and assisting in the decision making process.