The Statement Which Expresses the Purpose of an Organization Is

question 34

Multiple Choice

The statement which expresses the purpose of an organization is called a(n)

• A)goal statement.
• B)rationale statement.
• C)vision statement.
• D)intention statement.
• E)mission statement.

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Definitions:

Standby Privilege

A feature that may accompany preferred shares or bonds, allowing the holder the right to purchase additional shares at a fixed price.

Open Offer

An invitation by a company to its shareholders to purchase additional shares directly from the company at a specified price.

Seasoned Equity Issue

The process by which a company that is already publicly traded issues additional shares to raise new equity capital.

Supply And Demand

The economic model that determines the price of anything in a market, based on the quantity of goods available and consumers' desire for them.