Describe the difference between a vision statement and a mission
statement. What is the purpose of each statement? Provide an
example of a strong vision and mission statement used by an
organization today. What qualities do these have that make them
strong statements?
The purpose of developing a well-crafted mission statement is
that, in part, it enables managers and employees to understand "who
we are" as an organization which in turn results in a(n)
____________________________________ from everyone in the
organization.A greater conformityB decrease in mistakesC improved lateral communicationD increased personal effort
A mission statement is the foundation of a corporate plan; it
is a statement of the organization’s purpose.
It reflects the operating philosophy of the organization and
the direction the organization is to take.
A good mission statement is customer oriented, considers the
competition, and looks to the long term.
Find out the mission statement of 10 reputed company in the
world and analyze them briefly.
3M Mission and Vision StatementIs diversity mentioned in the company’s Mission and
Vision statement?What do you perceive as the implications of having
this/not having this in their Mission and/or Vision
statement?
WHAT IS A STATEMENT OF CASH FLOWS? WHEN IS THE STATEMENT
PREPARED? WHAT IS THE PURPOSE OF THE STATEMENT? NAME THREE
ACTIVITIES LISTED UNTER THE STATTEMENT. FOR EACH ACTIVITY, WRITE
ANY TWO CASH FLOWS THAT EITHER ARE ADDED OR SUBTRACTED. DETAIL
WHETHER IT IS AN ADDITION OR SUBTRACTION.