Local Broad Cost Leader - Low priced products for the local region: our brands o

Question

Local Broad Cost Leader - Low priced products for the local region: our brands offer solid value. Our primary stakeholders are bondholders, customers, stockholders, and management.

Global Broad Differentiator - Premium products for the industry across the globe: our brands withstand the test of time. Our primary stakeholders are customers, stockholders, management, and employees.

Global Niche Cost Leader - Reliable products for low technology customers across the globe: our brands offer value. Our primary stakeholders are bondholders, stockholders, customers, and management.

Global Niche Differentiator - Premium, tailored products for technology-oriented customers across the globe: our brands define the cutting edge. Our primary stakeholders are customers, stockholders, management, and employees.

Which mission statement best represents the Baldwin Company?

Explanation / Answer

The most appropriate mission statement for Baldwin Company is that it offer the low cost products, the products are affordable as well as of solid quality, hence the products are low priced as well as offer solid value for the products it deliver. Primary stakeholders i.e. the people who are concerned are customers, bondholders, management etc. and hence the very first statement is the most appropriate mission statement.

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