Which of the Following Is a Characteristic of a Mission

question 70

Multiple Choice

Which of the following is a characteristic of a mission statement?

• A)The statement must be understandable and memorable for all those who come in contact with it.
• B)The statement must be worded in a complex fashion in order to have the maximum impact.
• C)The statement must include lots of adjectives and descriptive language about how the company will accomplish its mission.
• D)The statement must be like a tome that describes everything that the founder has done and might do.

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Definitions:

Equitable

Characterized by fairness and impartiality; ensuring just treatment or distribution of resources without favoritism or discrimination.

Externalities

Economic side effects or by-products that affect an uninvolved third party; can be either positive or negative.

Pareto Efficient

A circumstance in resource distribution where any improvement for one individual means a disadvantage for at least another.

Underprivileged Youth

Young individuals who lack the social, economic, and educational advantages of their peers.