Final answer:
True. Managers might be unclear about where the company is heading if the mission does not provide a common thread for a corporation's businesses.
Step-by-step explanation:
In a firm, if a mission does not provide a common thread for a corporation's businesses, managers might be unclear about where the company is heading.
This statement is true. A mission statement provides a sense of direction and purpose for a company, and without a clear mission, managers may not have a clear understanding of the company's goals and objectives.
For example, if a company does not have a mission statement that emphasizes sustainability, it might be unclear whether the company is focused on environmental initiatives or solely focused on maximizing profits.