Which of the following statements is true regarding a firm's mission? The mission of the company is only defined by the strategic implementation part of the strategic management process. During the SMP, the mission of a company is always defined last A company's mission is its short-term purpose that defines both what it aspires to be in the short run and what it wants to avoid in the meantime. A mission is a company's long-term purpose. It defines both what the company aspires to be in the long term and what the company wants to avoid in the meantime. Question 5 Strategy has to: (Select all that apply) Support the firm's mission Have objectives that are somewhat connected to elements of a firm's mission, they do not have to be relatively easy to measure. Exploit opportunities using the firm's strengths Ignore threats and avoid the firm's weaknesses 1 pts