Vidyalelo
Management · Q175

Strategic Management

Graduate and Post Graduate · Management · question 175

Q175

Effective mission statements

A.
are usually changed every few months
B.
are usually changed every few years
C.
never require revision
D.
stand the test of time and require little revision
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Effective mission statements stand the test of time and require little revision. To be effective, mission statements need to clarify the intentions of the business while being inspirational and meaningful to customers and employees. Successful mission statements may take time to create, but when they are developed correctly, they provide a company with clear direction and purpose.