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Corporate Mission Statement
A concise declaration of a company’s core purpose and focus that normally remains unchanged over time, guiding its strategic decisions and organizational culture.
Financial and Profit Model
A theoretical construct that represents the economic operations of a business, detailing how revenue is generated, costs are incurred, and profits are made.
Situation Assessment
The process of evaluating the current state of an environment or situation to inform decision-making and strategy formulation.
Impact/Likelihood Matrix
A tool used in risk management to evaluate and prioritize risks based on their potential impact and the likelihood of occurrence.
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