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

Question

Quizplus · Accepted Answer

A mission statement is a statement that identifies the purpose and priorities of an organization, including its distinguishing characteristics and what sets it apart from competitors. A goals statement outlines specific objectives or outcomes an organization seeks to achieve, a values statement expresses the principles and ethical standards that guide the organization's operations, an income statement is a financial document that reports an organization's revenues, expenses, and net income, and a competitive-edge statement describes how an organization differentiates itself from competitors in the marketplace.

A Statement That Identifies Distinguishing Characteristics of an Organization Is