A key purpose of a mission statement is to inform _________what a firm is, what it seeks to accomplish and who it seeks to serve.
A) CEOs
B) stakeholders
C) regulators
D) former employees

Question

Quizplus · Accepted Answer

A mission statement is primarily targeted towards stakeholders, including customers, employees, investors, and partners. It provides them with a clear understanding of what the company aims to achieve, who it serves, and what it stands for. CEOs, regulators, and former employees may benefit from the mission statement, but it is not specifically tailored to them.

A Key Purpose of a Mission Statement Is to Inform