_____ refers to a broadly stated definition of the organization's basic business scope and operations that distinguishes it from similar types of organizations.
A) Mission statement
B) Goal statement
C) Management by objective
D) Goal setting
E) Corporate competitive-value statement

Question

Quizplus · Accepted Answer

A mission statement defines the organization's basic purpose and business scope. It identifies what the organization does, who it serves, and how it fulfills its purpose and distinguishes it from similar types of organizations. A goal statement outlines specific, measurable outcomes the organization wants to achieve. Management by objective and goal setting are frameworks for defining and tracking goals. A corporate competitive-value statement identifies the unique value proposition of the organization and its competitive advantage.

_____ Refers to a Broadly Stated Definition of the Organization's