Which of the following refers to a written statement of why a company exists and what it plans to accomplish?
A)memorandum of association
B)mission statement
C)vision statement
D)articles of association

Question

Quizplus · Accepted Answer

A mission statement is a written statement that outlines a company's purpose, goals, and values. It describes what the company does, who it serves, and how it intends to achieve its goals. It serves as a roadmap for the company and is usually shared with employees, customers, and other stakeholders. Memorandum and articles of association, on the other hand, are legal documents that outline the rules and regulations for running a company, while a vision statement outlines the company's future aspirations.

Which of the Following Refers to a Written Statement of Why