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mission statment

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › mission statment

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by AvatarJohn Moffat.
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  • February 4, 2022 at 12:51 pm #648101
    AvatarAmrit123
    Participant
    • Topics: 26
    • Replies: 23
    • ☆

    what is the best description of an organizations mission statement ?

    A. an outline of the reason for the organizations existence
    B. a statement of profit target for coming year
    C. a quantification of organizations corporate objectives
    D. an evaluation of alternative course of action.

    sir need help here

    February 4, 2022 at 4:57 pm #648120
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54851
    • ☆☆☆☆☆

    Why are you attempting questions for which you do not have an answer? You should be using a Revision Kit from one of the ACCA Approved Publishers – they have answers and explanations.

    As is explained in Chapter 28 of our free lectures notes and in the lectures working through this chapter, the answer as A.

    It does not state the profit target for the coming year, it does not quantify the objectives (quantify means putting numbers to them), and it does not evaluate alternative courses of action.

    My lectures are a complete free course for Paper MA and cover everything needed to be able to pass the exam well.

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