A Mission Statement Expresses the

question 86

Multiple Choice

A mission statement expresses the

• A) expected profitability of an organization.
• B) purpose of an organization.
• C) code of ethics.
• D) market for the product.
• E) types of employees needed.

---

Definitions:

Mother Dairy

A leading dairy brand in India, known for its milk products and edible goods.

Holder in Due Course

A legal term referring to a person who has acquired a negotiable instrument in good faith, for value, and without notice of any defect or claim against it.

Bureau of Consumer Financial Protection

A U.S. government agency that ensures consumers are treated fairly by banks, lenders, and other financial companies.

Payee

The individual or entity to whom a payment is to be made or is made.