What is a company mission statement? a. a short explanation of a company's purpose b. a short explanation of a company's future goals c. a company's priorities, principles, and beliefs d. a written explanation of a company's rules and regulations

The correct answer is A. A short explanation of a company's purpose

Explanation:

In business, the mission refers to the purpose of a company or the reason why the company or business exists; this mission or purpose is often summarized in a sentence or few sentences, and often includes the activities of the business or the relationship with customers. For example, the mission of a restaurant might be "To provide healthy and fresh food to customers". This concept is different from the vision because the vision refers to future goals; also it differs from the business values that are related to principles, and beliefs. Thus, a company mission statement is "a short explanation of a company's purpose".

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

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