A guiding force behind top management's decisions should be what?
A) Owner's goal statement
B) Bylaws
C) Principles statement
D) Mission statement

Question

Quizplus · Accepted Answer

A mission statement defines the company's purpose, goals, and values. It provides guidance for top management in decision-making and helps to align the actions of employees with the company's overall objectives. Bylaws and owner's goal statement are important, but they do not provide as comprehensive or focused guidance as a mission statement. Principles statement can be used interchangeably with mission statement, but mission statements are more commonly used.

A Guiding Force Behind Top Management's Decisions Should Be What