Which of the following statements is true?
a. mission statements should not be published for competitors to see.
b. there is no one best mission statement for a particular organization.
c. a single-division organization could have several mission statements for different purposes.
d. mission statements should be employee-oriented first and foremost and shareholder-oriented secondarily.
e. an effective mission statement paves the way for an effective vision statement.

Steele bicycle manufacturing company currently produces the handlebars used in manufacturing its bicycles, which are high-quality racing bikes with limited sales. steele produces and sells only 10,000 bikes each year. due to the low volume of activity, steele is unable to obtain the economies of scale that larger producers achieve. for example, steele could buy the handlebars for $31 each: they cost $34 each to make. the following is a detailed breakdown of current production costs: after seeing these figures, steele's president remarked that it would be foolish for the company to continue to produce the handlebars at $34 each when it can buy them for $31 each. calculate the total relevant cost. do you agree with the president's conclusion?