A popular brand of bed sheets in the 1940s was Indian Head. Its manufacturer claimed its sheets were so well-made that consumers might want to include them in their wills so the sheets could be passed down to their grandchildren. The company was proud of its product quality and formulated its mission statement based on it - "To be the producers of the best bed sheets in the market". What could potentially be wrong with such a mission statement?
A) It has an external focus.
B) It focuses on the market rather than on the product.
C) It defines the company in terms of its marketing capabilities.
D) It focuses on the product rather than on its market.
Correct Answer:
Verified
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