The significance of a mission statement

What is the significance of a mission statement? Research the mission statement of your organization or a well-known entity. Does the mission statement accurately answer the questions identified in your textbook that a good mission statement should answer?

· Describe the four functions of management. Which, if any, do you feel is the most important?

· How would a sole proprietorship differ from a corporation when performing the five functions of management?

· Your textbook identifies three level of management. Do you feel that any one is more important than the other?

· If you were to create a business, what type of leadership style would you embody? Provide a real-world example of this type of leader and describe why this style was successful for him/her.

Sample Solution