The Statement of the Reason an Organization Exists Is Called

question 119

Multiple Choice

The statement of the reason an organization exists is called a ______.

• A) profit margin
• B) mission statement
• C) statement of intentions
• D) profit potential

---

Definitions:

Single-Parent Family

A family structure involving one parent raising one or more children on their own, without the presence or support of the other biological parent.

Continuity

The unbroken and consistent existence or operation of something over a period of time.

Ethnic Minority

A group within a community which differs from the majority in racial, national, cultural, or religious characteristics.

Socioeconomic Status

A social standing or class of an individual or group often measured by education, income, and occupation.