A written explanation of an organization's business intentions and aims is called a(n) ______.
A) SWOT analysis
B) strategy for competitive differentiation
C) objective
D) mission statement

Question

Quizplus · Accepted Answer

A mission statement is a written statement that outlines an organization's business intentions and aims. It typically defines the company's purpose, values, and overall strategy. A SWOT analysis is a tool used to assess an organization's strengths, weaknesses, opportunities, and threats. A strategy for competitive differentiation is a plan for how a company will set itself apart from competitors. An objective is a specific goal that an organization wants to achieve.

A Written Explanation of an Organization's Business Intentions and Aims