Question

Why does a business need a vision statement, a mission statement, and goals? explain

Answer 1

It determines the company's direction. Smart business owners use this statement to remind their teams why their company exists because this is what makes the company successful. The mission statement serves as a “North Star” that keeps everyone clear on the direction of the organization.

Hope this helps, and good luck!

Answer 2

Hey there friend!

Vision statement: They would need to have this so that  each element of the strategic management is basically aligned with the companies term's of condition but in this case, it would be (there long term) goal.

Mission statement: They would use a mission statement to improve in their company and to make their company in better shape and condition. They would make goals and expectations.

Hope this helps you.