An Effective Mission Statement Should Do All of the Following

question 71

Multiple Choice

An effective mission statement should do all of the following EXCEPT

• A) include monetary amounts, numbers, percentages and ratios.
• B) be inspiring.
• C) reveal that the firm is environmentally responsible.
• D) identify the utility of a firm's products.
• E) be reconciliatory.

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Definitions:

Area

In mathematics, Area refers to the measure of the extent of a two-dimensional surface or shape, expressed in square units.

z

A standard score indicating how many standard deviations an element is from the mean in a normal distribution.

Standard Normal Random Variable

A random variable that is normally distributed with a mean of 0 and a standard deviation of 1.

P

Often used as shorthand for the p-value in statistical contexts, indicating the probability of observing certain results given a null hypothesis.