What is the primary purpose of a mission statement? a. to explore the options for a business b. to promote the growth of a business c. to list the immediate goals of the business d. to state the reason for the existence of a business

The primary purpose of a mission statement is to state the reason for the existence of the business. The correct answer is D.

Explanation:

A mission statement is an important part of a businesses values. Every company should have a mission statement for their employees and their customers. The mission statement should be positive and set achievable goals for the future of the business. In the statement, a description of the location of the business should be included. The statement can include what types of customers are wanted and needed for the business to thrive.

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;