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a _________ is a declaration of why a company exists and what it intend…

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

Explanation:

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.

Answer:

A. mission statement