Answer:
The correct answer would be option C, To state the reason for the existence of a business.
Step-by-step explanation:
As the name indicates, a mission statement is a statement which defines the mission of the specific organization. Mission statement states the purpose of the company. It is a short statement which describes the reason of existence of that company. It contains specific information about the goals and objectives of an organization, about the products or services it provide, about the target market and the regions where it operates or plan to operate. All such information constitute a mission statement of the company. So primary purpose of a mission statement is to state the reason for the existence of the business.