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Management · Q161

Strategic Management

Graduate and Post Graduate · Management · question 161

Q161

The process of developing a mission statement includes which of these as the first activity?

A.
A request to modify the current document
B.
Ask managers to read selected articles about mission statements
Answer
C.
Ask managers to prepare a mission statement for the organization
D.
A merging of several mission statements into one document

Answer: Option B

Solution

Answer: Option B
Solution:
The process of developing a mission statement includes ask managers to read selected articles about mission statements. A mission statement defines what an organization is, why it exists, its reason for being. At a minimum, your mission statement should define who your primary customers are, identify the products and services you produce, and describe the geographical location in which you operate.