Question

In: Economics

The purpose of developing a well-crafted mission statement is that, in part, it enables managers and employees to understand

The purpose of developing a well-crafted mission statement is that, in part, it enables managers and employees to understand "who we are" as an organization which in turn results in a(n) ____________________________________ from everyone in the organization.

A greater conformity

B decrease in mistakes

C improved lateral communication

D increased personal effort

Solutions

Expert Solution

Greater conformity

( A mission statement defines the company's purpose. It conveys the reason for the existence of the company. Corporate strategy of a company is also shared with the employees via a mission statement. A mission statement must is supposed to be well-crafted do that it inspires all the employees and becomes instrumental in ensuring greater conformity on their part. )


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