User Account

All Pages

Business plans-analyzing mission statements

Assignment Help Business Economics
Reference no: EM131486662

Business Plans: Analyzing Mission Statements

Large and small businesses develop mission statements to explain their purposes. Some statements are excellent; others, less so.

Your Task:  Analyze the following selection of Fortune 500 company descriptions and mission statements. In a class discussion or an e-mail to your instructor,

  1. list four goals of mission statements,
  2. list five questions to be answered in preparing mission statements,
  3. explain which of the following statements fulfill the goals of winning mission statements discussed 
  4. tell how the following statements could be improved.

Company

Mission Statement

1. AGCO manufactures and distributes agricultural equipment such as replacement parts, tractors, hay tools, and implements.

Profitable growth through superior customer service, innovation, quality, and commitment.

2. Dover Corporation manufactures equipment such as garbage trucks and electronic equipment such as ink-jet printers and circuit board assemblies.

To be the leader in every market we serve, to the benefit of our customers and our shareholders.

3. Eaton Corporation supplies parts for fluid power, electrical systems, automobiles, and trucks.

We are committed to attracting, developing, and keeping a diverse workforce that reflects the nature of our global business.

4. Graybar Electric Company acquires, stores, and distributes electrical, data, and communication components such as wire, cable, and lighting products.

We are a vital link in the supply chain, adding value with efficient and cost-effective service and solutions for our customers and our suppliers.

5. Harley-Davidson, Inc., manufactures motorcycles with over 32 models of touring and custom Harleys plus motorcycle accessories, motorcycle clothing apparel, and engines.

We fulfill dreams through the experience of motorcycling, by providing to motorcyclists and to the general public an expanding line of motorcycles and branded products and services in selected market segments.

6. IBM provides computer hardware such as mainframes, servers, storage systems, printing systems, and semiconductors, as well as software related to business integration, networking, operating systems, systems management, and so forth.

Operating a safe and secure government.

Reference no: EM131486662

Questions Cloud

Identify premises from the procon website : Identify premises (reasons) from the Procon website that support your position and explain why you selected these specific reasons.
What is meant by above-average returns : What is meant by "Above-Average returns" Understanding what this concept means in everyday business operations is very, very important
About the brainstorming : provide a description of what is included in the topic. describe how you would use it (the topic) in the business world.
Calculate private saving : Calculate private saving, public saving, national saving, investment and the equilibrium interest rate
Business plans-analyzing mission statements : Large and small businesses develop mission statements to explain their purposes. Some statements are excellent; others, less so.
Create an organizational chart for your business : Create an organizational chart for your business that illustrates the change of command and hierarchical structure of your operation.
Why do corporations sell stock : Often, financial experts suggest that investors should pay more attention to the notes that accompany a firm's financial statements.
Formulate a talent management strategy to encompass : Formulate a talent management strategy to encompass the entire talent requirements of the organization.
Ethics and corporate responsibility in the workplace : PharmaCARE (We CARE about YOUR health®) is one of the world's most successful pharmaceutical companies, enjoying a reputation as a caring, ethical and well-run.

Reviews

Write a Review

Business Economics Questions & Answers

  Illustrate its market with supply and demand curve

Pick a good or service and illustrate its market with supply and demand curves. Explain what each curve represents and tell what (specifically) would shift each of the curves. A properly-labeled diagram of the supply and demand curves.

  Describe the relationship of race-class and gender

Describe the relationship of race, class, and gender and its effect on health and mental care delivery in the United States. What steps could be taken to guarantee that all have the same access to the appropriate health care? Should funds be made ava..

  What is net present worth for this new computer system

Kermit is considering purchasing a new computer system. The purchase price is $100949. Kermit will borrow one-fourth of the purchase price from a bank at 10 percent per year compounded annually. The loan is to be repaid using equal annual payments ov..

  What is the after-tax rate of return

Beasley Worldwide Data Destruction (BWDD) purchases a new computing center for $200 million. They estimate a life of 5 years and a salvage value of $40 million. BDWW uses MACRS depreciation in the five year category. They also estimate revenue at $10..

  Preparation of first tax return in australia

1. A new client has approached you and asked for advice on what documentation will be required for the preparation of their first tax return in Australia.

  Short run costs-find the cost minimizing capital-labor ratio

A firm’s short-run cost function is C(q)=200q-6q^2+0.3q^3+400. Determine the fixed cost, F; the variable cost function, AVC; the average cost, AC; the marginal cost, MC; and the average fixed-cost, AFC. (Mathematical problem) Replace the production f..

  Advice and consent to treaty negotiated

Assume you are a U.S. Senator. The Senate has been asked for its "advice and consent" to a treaty negotiated by the Executive Branch. The treaty would require every nation of the world to reduce its carbon emissions by 20% by the year 2035. Exactly h..

  Describe the competitive environment within the industry

1. Describe the product, production methods, scale of production, and sources for raw materials. What technologies are used 2. Describe the competitive environment within the industry. Is there a dominant firm

  Description of zero-day vulnerabilities

Select the best description of zero-day vulnerabilities. Support your choice by describing why your choice is the best description.

  Equilibrium in oligopoly markets is characterized

A monopsony employer facing a perfectly competitive supply of labor would pay a wage equal to marginal revenue product. Wages for labor will be highest in labor markets consisting of perfectly competitive buyers and a monopolist. Equilibrium in oligo..

  Equation of exchange based upon the income velocity of money

Show and explain the equation of exchange based upon the income velocity of money. Briefly summarize the conditions under which changes in the supply of money are likely to exert a predictable influence upon aggregate economic activity.

  Elucidate what could be done to encourage people to spend

Elucidate what could be done to encourage people to spend more so as to increase aggregate demand and invariably, create employment possibilities.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd