Which of the following defines an organization's mission?

Question

Quizplus · Accepted Answer

An organization's mission statement is a declaration of its essential purpose, which differentiates one company from another. It describes what the company does, for whom it does it, and how it plans to achieve its goals. A mission statement is an important foundation for an organization's strategy and decision making.

Options A, B, and D do not define an organization's mission statement. Option A refers to environmental scanning, while option B refers to product rationalization. Option D refers to the concept of the "strategic window," which is a period during which a firm's capabilities are a good match for the requirements of a particular market.

Which of the Following Defines an Organization's Mission