PaulaNext part:Most of us are aware of the term purpose statement but are unsure of its real meaning within an organization. It is a statement describing the organizations purpose or the reason for its existence. The purpose of an organization reflects a desired position in the marketplace. It should accurately answer to the questions below. The purpose statement is the written summary of those answers.The purpose statement is the written summary of those answers. The most effective purpose statements are short concise and direct. A good purpose statement is between 2-3 sentences.Answer the four questions above and create a purpose statement for your HR department. Submit the answers to the four questions and the purpose statement to your instructor for review.NOTE: At this stage you will need to name your company and decide the service they provide or products they manufacture.