Monsanto operates in many businesses, including pharmaceuticals and food products. The company declares it wants to create "abundant food and a healthy environment." This statement is an example of a ________.

Question

Quizplus · Accepted Answer

The statement "wanting to create abundant food and a healthy environment" is an example of a business mission, which outlines the overall purpose and values of the company. It goes beyond a mere marketing strategy or business plan, as it speaks to the company's overarching goal and reason for existence. While Monsanto may operate in multiple industries, this mission statement serves as a unifying principle for all their efforts.

Monsanto Operates in Many Businesses, Including Pharmaceuticals and Food Products