Explain How Vision and Mission Work Together,providing Direction for the Small

question 36

Essay

Explain how vision and mission work together,providing direction for the small business.In your discussion,identify at least five key questions a mission statement should answer.

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Definitions:

GAAP

Generally Accepted Accounting Principles, the standard framework of guidelines for financial accounting in the United States.

Trend Income Statement

A financial statement that shows the changing dynamics of income over a series of periods, highlighting trends in revenue and expenses.

Base Year

A specific year or period used as a comparison point for financial analysis and indexing.

Information Filter

A process or system that selectively separates relevant data from irrelevant or less important information.