Question

In: Accounting

Discuss, Compare and contrast business and military strategy.? (05 Marks) B-   Select vision and mission of...

Discuss, Compare and contrast business and military strategy.?

B-   Select vision and mission of Omani organization and evaluate them

C-   Select an Omani organization and write vision and mission for it.

Solutions

Expert Solution

A. Business strategy : This focuses on the achievement of its business objectives but is not concerned with the achievements of its opposite team.

Military strategy : This has a huge concern with its opponent and aims at bringing opponent down by its strategies and thus become high.

So, here we saw the basis of both the strategies. Now let's compare and contrast these both :

  • As we have already discussed, military focuses on opponents achievements and try bringing them down while business strategy focuses on achieving its own aims with no concern of the opponent.
  • For the military strategies its always win or loss situation, but for business strategies it is win - win or win - loss situation.
  • In the military strategy we focus on physical survival but for the business strategy we focus on financial survival.

These are the basic differences between the two strategies.

B) Vision and mission for Omani organizations :

Vision : Being a leader in all industries leading ahead of all other concerned nations and flourish in the world.

This vision would help grow the country to new heights and make then achieve new growth. They would be ahead in improving their performance in order to have their vision crystal clear.

Mission : The mission of the Omani organizations is to have their nation well growing with enough resources to meet the need of the nation and flourish further.

This is enough in itself to make the country self dependent on its own and not only this but also contribute to helping other nations with its resources and contribute in other nations upgrowing.

C) Vision and mission for Oman food investment Holding company is :

Vision : Being an strategic investor leading in the food sectors of the country and also flourish internationally contributing to the safety and security of the food in the name of Oman.

Mission : Aiming at undertaking various different food projects and by investing in them at times with several other partners in a partnership form or may be conducting individually so that the nation of Oman remains enough sufficient to not depend on others.


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