Which of these basic questions will be answered by a well-developed mission statement?
A) Who are our customers?
B) How do we expand our business?
C) How do we acquire customers?
D) Who are our competitors?
E) What products do we sell?

Question

Quizplus · Accepted Answer

A well-developed mission statement, no matter what the industry or size of business, will answer five basic questions: (1) Who are we? (2) Who are our customers? (3) What is our operating philosophy (basic beliefs, values, ethics, etc.)? (4) What are our core competencies and competitive advantages? (5) What are our responsibilities with respect to being a good steward of environmental, financial, and human resources?

Which of These Basic Questions Will Be Answered by a Well-Developed