IBM's principal reason for existing is to earn a profit for its shareholders. The means by which IBM does this is through the manufacture of computers. These two statements describe, respectively, IBM's
A) strategy.
B) mission.
C) policy.
D) tactical plan.
E) control process.

Question

Quizplus · Accepted Answer

IBM's principal reason for existing is its mission, which is stated as earning a profit for its shareholders. The means by which it does this is through the manufacture of computers. Therefore, the first statement describes IBM's mission.

IBM's Principal Reason for Existing Is to Earn a Profit