understanding its business,an organization can take steps to define its __________,a statement of the organization's functions in society that identifies its customers,markets,products,and technologies.

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A mission statement is a concise statement that defines the organization's purpose, goals, and objectives. It outlines the organization's products or services, target market, the values and culture of the organization, and its competitive advantage. A mission statement communicates the organization's reason for existence and its primary objectives to its stakeholders.

Understanding Its Business,an Organization Can Take Steps to Define Its