Final answer:
A company's mission is usually driven from top to bottom, set by the top management or board of directors, ensuring alignment throughout the organization.
Step-by-step explanation:
Is a company's mission generally driven from top to bottom of the organization? The answer is True. A company's mission is typically formulated by the organization's top-level management or board of directors and then disseminated throughout the company. This top-down approach ensures that the company's goals and objectives are aligned across various departments and levels of the organization. Indeed, the board of directors has a duty to represent the interests of the shareholders, and in doing so, they are responsible for setting the strategic direction of the company, which includes its mission.
While the top executives have significant influence in selecting board candidates who align with the company's mission and vision, the ultimate goal is to ensure that the company operates in the best interest of the shareholders, theoretically making the mission one that encompasses the goals and interests of the true owners.