- 1 Marks
Question
Which of the following defines the purpose of an organisation and gives the direction in which it is heading?
A. Vision statement
B. Mission statement
C. Business objective
D. Strategic intent
E. Organisational goal
Answer
B. Mission statement
Explanation: The correct answer is B because a mission statement defines the fundamental purpose of an organisation and sets the direction in which it is heading. It articulates the organisation’s goals, values, and approach. The vision statement, on the other hand, focuses on the future aspirations, while the other options refer to specific goals or strategic objectives.
- Tags: Business Objectives, Mission, Organisational Goals, Strategy, Vision
- Level: Level 1
- Topic: The Business Environment
- Series: NOV 2014
- Uploader: Dotse