When Developing a Company's Mission Statement, an Entrepreneur Should Remember

question 39

Multiple Choice

When developing a company's mission statement, an entrepreneur should remember to:

• A) write the statement alone without anyone else's interference.
• B) omit statements about her values because they may turn some stakeholders off.
• C) keep it short and simple.
• D) All of the above

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Definitions:

Straight-Line Method

A way of calculating equal depreciation expenses for an asset over its useful life.

Total Interest Expense

The sum of all interest payments made on debts over a specified period.

Debt-to-Equity Ratio

A measure showing the balance of debt versus shareholders' equity employed in the procurement of company assets.

Financed

The process of providing or securing funds for business activities, purchases, or investments.