An Organization's Mission Refers to

question 234

Multiple Choice

An organization's mission refers to

• A) the target goal it sets for current profits based on enacting a comprehensive strategic plan.
• B) the target objective it projects for future market share based on enacting a comprehensive strategic plan.
• C) the fundamental, passionate, and enduring principles that guide its conduct over time.
• D) specific strategies and tactics that will be used to counteract any competitor's advantages.
• E) a statement of the organization's functions in society that often identifies its customers, markets, products, and technologies.

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Definitions:

Produce

Refers to agricultural products, especially fresh fruits and vegetables, created through farming.

Utility

Utility is a measure of satisfaction or happiness that consumers derive from consuming goods and services.

Consumption

The use of goods and services by households or individuals, typically considered as the end phase in the economic cycle of production, distribution, and use.

Satisfaction

The fulfilment of one’s wishes, expectations, or needs, or the pleasure derived from this.