Which characteristic highlights the inspirational aspect of a Mission Statement?

CA Intermediate · Financial Management and Strategic Management · MTP · January 2026
Which characteristic highlights the inspirational aspect of a Mission Statement?
(A) It is short, concise, and focused on current market share.
(B) It provides a sense of direction.
(C) It strictly follows efficiency over effectiveness approach.
(D) It focuses on annual profit targets which are motivation for employees

Suggested Answer and Working Notes:

Correct Answer: Option (B)

It provides a sense of direction.

Topics: Part-A: Financial Management, Part B: Strategic Management

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