Which component of a mission statement addresses the firms distinctive competence or major competitive advantage?

A. Technology

B. Philosophy

C. Concern for public image

D. Self-concept

Answer: Option D

Solution(By Examveda Team)

Self-concept component of a mission statement addresses the firms distinctive competence or major competitive advantage. A mission statement is a short statement of why an organization exists, what its overall goal is, identifying the goal of its operations: what kind of product or service it provides, its primary customers or market, and its geographical region of operation.