All of the Following Are Accurate Guidelines for a Company's

question 95

Multiple Choice

All of the following are accurate guidelines for a company's mission statement EXCEPT which one?

• A)A mission statement should be realistic.
• B)A mission statement should focus on sales or profits.
• C)A mission statement should fit the market environment.
• D)A mission statement should be specific.
• E)A mission statement should motivate employees.

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Definitions:

Interest

The cost of borrowing money, typically expressed as a percentage of the principal, paid to the lender over a period of time.

Cash Investment

A financial contribution made in the form of cash, often to purchase securities, assets, or fund business operations.

Salary Allowances

Payments in addition to the basic salary, intended to cover specific expenses or compensate for particular conditions of employment.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and losses from total revenue.