A broad statement that defines the purpose for a company's existence, including its business, objectives, and approach for reaching those objectives is known as a ________ statement.
Fill in the blank(s) with the appropriate word(s).
mission
A broad statement that defines the purpose for a company's existence, including its business, objectives, and approach for reaching those objectives is known as a mission statement.
You might also like to view...
Which of the following statements is true regarding common law?
a. In common law countries, there are generally more statutes written into the laws. b. In common law countries, there is less reliance on interpretation by the courts. c. Because more details are written into U.S. law, FASB has shorter and more general accounting standards than most countries. d. The common law system has its roots in the United Kingdom.
In entering transactions concerned with sales of merchandise, which of the following accounts is(are) usually needed?
a. Sales; b. Sales Tax Payable; c. Sales Returns and Allowances; d. all of these; e. none of these
The scope of a business message includes what?
A) Background information on the topic B) A determination of relevant information to be included in the message C) The format for producing the message D) A list of all those who will be receiving the message E) A list of key terminology
The percentage of new products that fail is estimated to be over ______.
A. 55% B. 65% C. 75% D. 85%