A statement that identifies distinguishing characteristics of an organization is known as a(n):
A) goals statement.
B) values statement.
C) income statement.
D) mission statement.
E) competitive-edge statement.

Question

Quizplus · Accepted Answer

A mission statement is a concise statement that identifies the unique purpose and scope of an organization. It defines the organization's primary objectives, target audience, and overall strategy. A goals statement is focused on specific objectives and targets to be achieved, while a values statement outlines the ethical principles and beliefs that guide the organization's culture and behavior. An income statement is a financial report that shows an organization's revenues, expenses, and profits over a certain period. A competitive-edge statement refers to the unique advantages or strengths that an organization possesses in relation to its competitors.

A Statement That Identifies Distinguishing Characteristics of an Organization Is