17-1 Mission Glossary Terms

What is a corporate charter also called?

• Articles of association

• Articles of incorporation

• Business plan

• Mission statement

A corporate charter is a written document filed by the founders of a corporation with whom?

• Secretary of State

• CEO

• Board of Directors

• Shareholders

A mission is a summary that describes a company's purpose; it’s reason for being, the problem it is solving. True or False?

• True

• False

Fill in the blank: A strategy is a route or plan of action designed to achieve certain _______.

• failures

• goals

• losses

• mistakes

Which of the following best describes a strategy?

• A financial report

• A marketing tool

• A plan to achieve goals

• A legal document.