Asked by Salvador Ramirez on May 10, 2024
Verified
Which of the following is one of the five basic questions that a good mission statement should answer?
A) Who are our competitors?
B) What is our market position?
C) What is our operating philosophy?
D) What are our opportunities?
E) Where have we been?
Operating Philosophy
Operating philosophy is a set of guiding principles and beliefs that dictate how a business or organization is run and how it interacts with its stakeholders.
- Appreciate the value of a mission statement and its influence on guiding the activities of an organization.
Verified Answer
BW
Brooke WhitenMay 13, 2024
Final Answer :
C
Explanation :
A good mission statement should answer the question regarding the organization's operating philosophy, which includes its core values, beliefs, and principles. This helps to guide the organization's actions and decisions.
Learning Objectives
- Appreciate the value of a mission statement and its influence on guiding the activities of an organization.
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