A good mission statement should incorporate all of the following elements EXCEPT:

Question

Quizplus · Accepted Answer

A good mission statement typically focuses on the firm's purpose, values, and primary stakeholders (such as customers and employees), and may include the types of products or services offered, the target market, and the underlying corporate philosophy. It does not usually specify the firm's competition in the local environment, as the mission is more about defining the company's own identity and goals rather than focusing on external entities.

A Good Mission Statement Should Incorporate All of the Following