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The Corporate Mission of a Firm Defines the Boundaries, Within

Question 7

Short Answer

The corporate mission of a firm defines the boundaries, within which, strategic choices and actions must take place.By specifying the fundamental principles, on which strategies must be based, the strategic options are limited, and set the firm on a particular heading.
According to the textbook, which function of the corporate mission is described above?
A.Direction
B.Legitimization
C.Motivation
D.Restriction.

Correct Answer:

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