Mission statement can be defined as the main reason for which the specific busin
ID: 374287 • Letter: M
Question
Mission statement can be defined as the main reason for which the specific business is present in the market. It reflects the ideology of the business as well as operating structure in which the business is focusing on its long-term goals.
9 elements of mission statement are as follows
This is the primary mission statement element which defines the basic function of the business according to the industry it is operating in. It gives an overview of the specific motive of the functionality of the organisation.
Mission statement directly ears are out there motive of dealing with the customers as well as having a clear vision for the customer type they are dealing to.
A mission statement has the information about the targeted region of the specific company. This specific information is essential and mission statement to relay the best available information for limiting the target region for a community or for an entire country.
Mission statement can also be considered as an statement of values for an organisation. It defines the relativity with the environment and also offers better understanding of the cultural ethics as well as values of the organisation.
Mission statement also offers information about the technology being implemented into the organisation. What technical expect does the specific organisation is enter in the market is directly determined on the.
Clear financial as well as operational instructions are pointed out in mission statement and a strategic positioning of the company is also determined.
Requirements of the business as well as a clear financial objectives for a specific amount of time is also rejected into the mission statement. It also shows specific financial objectives to the potential investors as well as to the public for which they are going to the organisation.
Mission statement also provide information about the employees. It also describes employee policy in brief so that the specifically employees know their position inside the organisation.
Mission statement also offers and information about the overall image of the organisation. It is built as per the image that an organisation wants to portray to the public or to the investors.
Explanation / Answer
9 elements of mission statement