A Mission Statement Serves as a ________

question 13

Multiple Choice

A mission statement serves as a ________.

• A) statement of the organization's net profits
• B) plan for short-term sustainability
• C) statement of the organization's purpose
• D) statement of the organization's current liabilities
• E) repatriation plan for the organization's highly-skilled employees

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Definitions:

Protectionism

An economic policy aimed at restricting imports from other countries through tariffs and quotas to protect domestic industries.

World Trade Organization

An international organization designed to supervise and liberalize world trade, by providing a forum for trade negotiations and dispute resolutions.

Intellectual Property

Legally recognized exclusive rights to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images.

U.K. Bribery Act

A law passed by the United Kingdom in 2010, designed to combat bribery and corruption in both the public and private sectors.