Question: 1 . A mission statement, like a value statement, is an important document to the overall strategy of the firm because once a document is

1 .

A mission statement, like a value statement, is an important document to the overall strategy of the firm because once a document is voted on and approved by all levels of the organization

s management, it must be comprehensive enough to guide the firm for a planning horizon of at least three to five years without any modification.

True or False?

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