The Mission Statement of an Organization Should Primarily Have A(n)_____

question 36

Multiple Choice

The mission statement of an organization should primarily have a(n) _____.

• A)product focus
• B)external focus
• C)internal focus
• D)selling focus

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Definitions:

Working Capital

The measure of a company's operational efficiency and short-term financial health, calculated as current assets minus current liabilities.

Taxes Payable

Liabilities due to local, state, or federal tax authorities within the upcoming fiscal period.

Accrued Wages Expense

Costs incurred by a company for wages that have been earned by employees but have not yet been paid.

Annuity

A series of periodic cash receipts or payments that are equal in amount each interest period.