A mission statement describes the specific actions a firm will take to achieve its goals.

A mission statement serves as a foundational element for an organization, articulating its core purpose, values, and overarching goals. It defines what the organization stands for, its primary objectives, and the impact it hopes to have on its stakeholders and the community. However, a mission statement does not detail the specific actions or strategies that the firm will implement to reach those goals.

The actions and tactical steps required to accomplish the mission are typically outlined in other documents, such as strategic plans or operational plans. Therefore, stating that a mission statement describes specific actions is inaccurate, as its role is more about providing direction and inspiration rather than detailing operational specifics. This is why the response indicating that the statement is false is correct.