What Is a Corporate Mission? What Are Some Elements of a Well-Written

question 286

Essay

What is a corporate mission? What are some elements of a well-written mission statement?

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Definitions:

External Forces

Outside influences for change.

Competitors' Actions

involves analyzing and responding to the strategies, movements, and decisions made by rival businesses in the marketplace.

Customers' Preferences

The tastes, likes, or desires of consumers that influence their purchasing decisions.

External Force

Factors or influences originating outside an organization that necessitate change or adaptation by the organization.