QUESTION IMAGE
Question
a _________ is a declaration of why a company exists and what it intends to achieve for consumers and stakeholders.
a. mission statement
b. swot analysis
c. goal statement
d. vision statement
e. value statement
Brief Explanations
To solve this, we analyze each option:
- Option A: A mission statement defines a company's purpose and its objectives for consumers and stakeholders.
- Option B: SWOT analysis assesses a company's strengths, weaknesses, opportunities, and threats, not a declaration of existence/objectives.
- Option C: A goal statement focuses on specific goals, not the overall reason for a company's existence.
- Option D: A vision statement is about the future aspirations, not the current purpose of existence.
- Option E: A value statement outlines a company's core values, not its purpose/objectives for stakeholders.
So the correct option is A as a mission statement matches the description.
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A. mission statement