Answered: A mission statement is different than a…

Business

Management

A mission statement is different than a value statement. True False

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

A mission statement is different than a value statement.
True
False

Expert Solution

Step 1: Introduction

Clarity and distinctiveness are key components of organizational identity and orientation. The mission statement and value statement are two important elements that shape an organization's personality and purpose. This succinct examination will delve into the primary contrasts between these two fundamental statements, illuminating how they influence the course and ethos of an organization.

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