Which of the Following Statements Is True of an Effective

question 68

Multiple Choice

Which of the following statements is true of an effective business mission statement?

• A)​It is based on an analysis of anticipated environmental conditions.
• B)It is kept confidential from customers and stakeholders.
• C)It should define a business in terms of goods and services rather than in terms of the benefits customers seek.
• D)​It is stated after the details of a marketing plan are developed.

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Definitions:

Fine China

High-quality porcelain or ceramic ware, often delicately designed and used for special occasions.

Essential Terms

Necessary and fundamental components of a contract which define the parties' basic obligations and are crucial for the contract's validity.

Uniform Electronic Commerce Act

Legislation designed to facilitate and govern electronic transactions by ensuring that contracts entered electronically are legally binding.

Online Contracts

Legally binding agreements created and signed in a digital format, often involving transactions or services facilitated over the internet.