A mission statement sets out the organization's basic purpose for being.
Answer the following statement true (T) or false (F)
True
Many firms develop a mission statement, which sets out the organization's basic purpose for being.
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Acme Global created an application that allows customers to send in orders quickly and easily. Since rolling out the new app, orders have increased by 20%. This represents the influence of ______ in the external environment on the organization.
A. labor force B. shareholders C. technology D. competition
Orlando opened a hot dog stand in Brooklyn, doing business as Orlando's Red Hots. Unfortunately, the venture has not generated a profit. Orlando borrowed $5,000 from the bank to open his business, and the short-term loan is now due. Orlando's friend Bob has suggested partnering with him at the beginning of next year. From which of the following sources can the bank currently recover its $5,000?
A. Orlando's secondary lender B. Orlando's savings account C. Orlando's family D. Bob, Orlando's prospective business partner
Internal and external data should be collected for a marketing information system
A. periodically. B. continually. C. when needed. D. infrequently. E. at the end of each month.
In additive manufacturing, objects are manufactured through the ________
A) placement of integrated chips on objects B) deposition of successive layers of material C) superimposition of computer data on physical objects D) use of computer graphics and animation exclusively