Difference between a mission statement and a strategic

Assignment Help Business Management

Reference no: EM132065419

Address the questions below in 300 words. APA format is required with credible citation/sources.

Below are some questions for discussion. Keep the managerial perspective in mind when discussing.

-- An established company in a market decides to donate a part of its profits to a children's charity to improve its market image. Soon after it launched a website that offers new clothes, accessories, and books that could be donated to various children's charities by interested parties. The company gained positive publicity and its sales went up. What would you say about this strategy?

-- An automobile company with an established brand name uses a unique assembly line method to reduce the final packaging and fitting procedures cost. It then sells the cars to all customers at a reduced price. Which of the five generic strategies automobile company using?

-- What is the difference between a mission statement and a strategic vision? Give examples.

-- Explain the difference between financial objectives and strategic objectives. Give examples of each.

Reference no: EM132065419

Questions Cloud

Calculate the companys weighted average cost of capital : Calculate the company's weighted average cost of capital. Use the dividend growth model. Show calculations in Microsoft® Word.

Identify five threats and five opportunities : -Prepare a 400-word paper discussing the process used to identify threats and opportunities, why it was chosen, and how it worked for your group.

Describe a business negotiation situation : Describe a business negotiation situation related to two different industry sectors within Fortune 500 companies that employs different negotiation strategies.

Strengths and weaknesses of qualitative research designs : What are the key differences between qualitative and quantitative research? What are the strengths and weaknesses of qualitative research designs?

Difference between a mission statement and a strategic : What is the difference between a mission statement and a strategic vision? Give examples.

What is the basic reason for depletion of fisheries : What is the basic reason for depletion of fisheries? Which factors have made this problem especially severe in the modern period?

Are you more of an introverted or extraverted leader : Are you more of an introverted or extraverted leader? What can you do to leverage your personality to be a more effective leader?

Measurable organisational value : Identify the desired area of impact - Rank the following areas in terms of importance: Strategy / Customer / Financial / Operational / Social

Determine how you will evaluate your program : Create a 5-10 minute elevator pitch video of a career counseling program, using the system in Canvas. Use the "video" function of the discussion post.

User Account

All Pages