A ________ documents an organization's purpose-what it wants to accomplish in the larger environment.
A) vision statement
B) mission statement
C) business portfolio
D) value proposition
E) product strategy

Question

Quizplus · Accepted Answer

A mission statement is a formal document that defines an organization's core purpose and its objectives. It outlines what the organization wants to achieve in the larger environment, including its values, products or services, and target customers. A mission statement serves as a guide for decision-making and helps to align the actions of the organization with its overall goals. In contrast, a vision statement describes the organization's long-term aspirations, and a business portfolio is a collection of products or services offered by a company. A value proposition outlines the unique value that a company offers to its customers, and a product strategy describes how a company plans to achieve its goals through its product offerings.

A ________ Documents an Organization's Purpose-What It Wants to Accomplish