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Question

A general enduring statement of the intent of business which reflects the belief and philosophy of management is known as_________.

A
Mission
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B
Vision
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C
Objectives
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D
None of the above
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Solution

The correct option is A Mission
A general enduring statement of the intent of business which reflects the belief and philosophy of management is known as mission.A mission statement defines the company's business, its objectives and its approach to reach those objectives. In short, mission is the aim of the company. It states the principles which a company abide to reach its goal.

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