Which of the Following Statements About a Company's Mission and Goals

question 48

Multiple Choice

Which of the following statements about a company's mission and goals is true?

• A)A firm should define its mission in terms of the broad human needs it attempts to satisfy
• B)The company's product or service defines the mission of the company and the scope of its activities
• C)The best way for management to avoid opportunities that are inconsistent with the firm's purpose is to state the mission in broad terms
• D)Strategies are easier to develop for a company that has a narrowly defined mission,especially if it is operating in a dynamic environment
• E)A narrowly defined mission makes it easier to identify attractive market opportunities