Examlex

Solved

A Mission Statement Is a Specific Stated Definition of an Organisation's

question 89

True/False

A mission statement is a specific stated definition of an organisation's basic business scope.


Definitions:

Planning Technique

A systematic method or approach used in preparing and executing plans or strategies to achieve desired objectives.

Household Savings

The portion of disposable income not spent on consumption of goods and services, often stored for future use or investment.

Firm Investment

The allocation of resources by a business towards assets, projects, or innovation intended to spur future growth or production.

Present Discounted Value

The value of a stream of future payments discounted at an interest rate.

Related Questions