Mission Statements Should ________ and Be Defined in Terms of ________

question 65

Multiple Choice

Mission statements should ________ and be defined in terms of ________.

• A) be technology oriented; meeting the self-actualization needs of customers
• B) be product oriented; satisfying the esteem needs of customers
• C) embody the company's short-term plans; current opportunities
• D) be market oriented; satisfying basic customer needs
• E) address sales and profits; the net return on investments

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Definitions:

Semantic Memory

A type of long-term memory involving the capacity to recall words, concepts, or numbers, which is essential for the understanding and use of language.

Long-Term Memory

A type of memory capable of storing information for an extended period, ranging from hours to a lifetime.

Primary Memory

Another term for short-term memory, referring to the capacity for holding a small amount of information in mind in an active, readily available state.

Working Memory

A cognitive system responsible for temporarily holding information available for processing and problem-solving.