QUESTION 10 In the process of developing a mission statement, it is important to involve the board of directors only. as few managers as possible. as many managers as possible. lower-level management only. upper-level management only. QUESTION 11 A value chain analysis is not so important for a firm in monitoring whether its prices and costs are competitive. O True False QUESTION 12 Valuable resources are resources that are either rare, hard to imitate, or O inefficient. inexpensive. easily substitutable. not easily substitutable. expensive. QUESTION 13 The mission statement answers which of the following questions? Who are our stakeholders? How can we improve ourselves? O What do we want to become? What is our business? How can we increase profitability? Click Save and Submit to save and submit. Click Save All Answers to save all answers