Which of the following is false in respect of mission statement of an organization ? (A) It defines the basic reason for the existence of the organization (B) It reflects the corporate philosophy, identity, character and

CS Executive · Financial and Strategic Management · PYQS · December 2022
Which of the following is false in respect of mission statement of an organization ? (A) It defines the basic reason for the existence of the organization (B) It reflects the corporate philosophy, identity, character and image of an organization (C) It communicates primarly to the people who make up the organization, giving them an understanding of the organization's intended direction (D) It serves the purpose of stating what the organization wishes to achieve in long-run
(A) It defines the basic reason for the existence of the organization
(B) It reflects the corporate philosophy, identity, character and image of an organization
(C) It communicates primarly to the people who make up the organization, giving them an understanding of the organization's intended direction
(D) It serves the purpose of stating what the organization wishes to achieve in long-run

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Strategic Management

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