Good mission statements define the major competitive scopes within which company will operate Industry scope range of industries in which a company will operate Products and applications scope: range of products and applications that a company will supply Competence Scope: range of technological and other core competencies that a company will master and leverageGood Mission Statements define the major competitive scopes within which company will operate Industry scope: range of industries in which a company will operate Products and applications scope: range of products and applications that a company will supply Competence Scope:range of technological and other core competencies that a company will master and leverage