Good mission statements identify the of a firm's products to its customers.

Question

Quizplus · Accepted Answer

Mission statements should clearly identify the utility or value that a firm's products or services provide to its customers. This helps to guide the firm's strategies and priorities towards meeting the needs and wants of its target market. Option A, demand, may be important to consider, but it is not the primary focus of a mission statement. Options B, C, and E are all related to financial performance, which is important but not the sole purpose of a mission statement.

Good Mission Statements Identify the of a Firm's Products to Its