Asked by Nicole Guerrero on Jun 27, 2024

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All of the following should be included in a corporate mission statement EXCEPT the ________ of the firm.

A) core purpose
B) long-term profits
C) core values
D) long-term goals

Corporate Mission Statement

A concise expression of a company's purpose, identifying its scope of operations and guiding its strategic decisions and direction.

Long-term Profits

The amount of net income expected to be generated over an extended period, reflecting the financial health and sustainability of a business.

Core Purpose

The fundamental reason a company exists beyond just making money, often reflecting its values and mission.

  • Express the intent and constituents of a business mission declaration.
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Verified Answer

JK
Jaide KassamJul 02, 2024
Final Answer :
B
Explanation :
While long-term profits are important for a corporation's success, they should not be the sole focus of the mission statement. A true mission statement should encompass the core purpose, core values, and long-term goals of the firm.