A clear mission statement is essential for effectively establishing objectives and formulating strategies. It reveals what an organization wants to be and whom it wants to serve. A business mission is the foundation for priorities, strategies, plans and work assignments. It is the starting point for the design of managerial jobs and for the design of managerial structures. Effective and carefully planned mission statements _____________. *

3 points

require infrequent major changes, but are always subject to revision

require major revision every few years

require major changes every few quarters

require major changes every few months