Hilton Hotel's Statement Expressing Its Purpose as "To Fill the Earth

question 44

Multiple Choice

Hilton Hotel's statement expressing its purpose as "to fill the earth with the light and warmth of hospitality" is a(n)

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

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Definitions:

Net Profit

The amount of money a company earns after deducting all costs, expenses, and taxes from the total revenue.

Partnership Agreement

A legal document that outlines the terms and conditions governing the relationship between partners in a business partnership.

Cash Withdrawal

The act of taking money out of a bank account or investment.

Payroll

The total amount of wages and salaries paid by a company to its employees for a set period, including necessary taxes and deductions.