Which of the following statements is INCORRECT regarding a corporate mission? It reflects a company's purpose....

Which of the following statements is INCORRECT regarding a corporate mission?

It reflects a company's purpose.

It usually includes a description of the company’s competitive advantage.

It is the long-term action plan to be adopted by the company.

It defines a company's reason for existence.

Expert Solution

1. 4. It defines the company's reason for existence.

This is the definition of a company's vision and not its mission and therefore, we can say that this is the right choice for the following question.

keosha answered 2 years ago

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