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A document stating an organisation's purpose and reason for existing is its:

AMerger statement
BMission statement
CMeeting statement
DMonthly statement
Answer & Solution
Correct answer: B. Mission statement
1. It answers why the firm exists. 2. It is written down formally. 3. That document is the mission statement. _Source: OpenStax Introduction to Business, Chapter 6, Management and Leadership in Today's Organizations._
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