A business's ________ statement describes why it exists and what its business model is supposed to accomplish.
A) values
B) importance
C) differentiation
D) mission
E) significance

Question

Quizplus · Accepted Answer

A mission statement defines the purpose of a business and helps guide decision-making, business strategies, and actions. It communicates why the business exists, what it aims to achieve, and how it will go about achieving its goals. It is different from values, importance, differentiation, and significance statements.

A Business's ________ Statement Describes Why It Exists and What