- 20 Marks
BMIS – L1 – QD14: Mission Statement – Reasons for Success
Explain five reasons a mission statement contributes to a firm's success.
Question
(a). One of the common threads many successful firms share is that they have a workable mission statement. Explain FIVE reasons a mission statement may contribute to a firm’s success.
(b). You have recently been appointed to manage a project which is failing because the previous manager did not outline any clear objectives for the project. Identify FIVE characteristics of project objectives.
Find Related Questions by Tags, levels, etc.
- Tags: Business Strategy, Mission Statement, Objectives, Project Management, SMART Objectives
- Level: Level 1
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