Based on the Business You Selected to Start in Skill-Development

question 16

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Based on the business you selected to start in Skill-Development Exercise 1, develop a mission statement for your business.

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Definitions:

Complaint

An expression of dissatisfaction or a formal accusation against a party, product, or service.

Profit Maximization

The process by which a firm determines the price and output level that returns the greatest profit, considering the cost and demand functions.

Human Capital

The grouped skillset, awareness, or subtle properties of individuals that can be utilized to create financial benefits for the individuals, the organizations they work for, or their local communities.

Discriminated

Treated unfairly or prejudicially against an individual or group based on characteristics such as race, age, sex, or religion.