The fundamental purpose for the existence of any organization is described by its : Select one: a. mission statement b. procedures c. policies d. bylaws

1. A mission statement is: A. A statement of the company's purpose B. Legally required C. Also called a divisional statement D. A company's viable view of the future   2. A service is: A. A tangible item B. An intangible item C. A good D. All of these   3. Middle managers: A. Are commonly referred to as executives B. Deal with operational issues C. Typically have the title "director" or "manager" D. Deal with strategic and tactical issues

A vision is aspirational, stating what the firm wants to be.  True / False

business plan about potato chips including Vision and Mission Statement Company History Business and Industry Profile Business Strategy Company Product and Services Marketing Strategy Location and Layout Competitor Analysis Management Team, Employees and Structure Plan of Operation Financial Forecasts Loan or Investment Proposal