discussion mod 4

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vttl123

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Should a new venture have a formal mission statement? Why? What downside or risks might there be without one?


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Running head: DISCUSSION

Discussion on new venture mission statement
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Running head: DISCUSSION

A formal mission statement is mostly a short statement of an organization’s or any
venture’s purpose. It clearly shows its aims, goals and objectives of its operations: the different
kind of products or services it is providing, its primary customers and market and their
geographical coverage area of operation. Most organizations usually have a mission statement
placed on a strategic entry and exit points of the organization to inform the members of the
p...


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