What does one call the organization's purpose or reason for being?

Question

Quizplus · Accepted Answer

The organization's purpose or reason for being is commonly referred to as their mission. This statement outlines the goals and objectives that the organization hopes to achieve in order to fulfill their overall purpose. Culture refers to the shared values and beliefs within the organization, environment refers to the external factors that may impact the organization, and stakeholders refer to the individuals or groups that have a vested interest in the organization's success.

What Does One Call the Organization's Purpose or Reason for Being