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I need to create the beginning outline for a business plan by writing my own MISSION STATEMENT.
Also, I need to take into account the “four components of a good mission statement” which include:
1. The role or contribution that the business makes - is it a voluntary organization or a charity? Are you in business to supply goods and services and make a profit?
2. A definition of the business - this should be given in terms of the benefits you provide or the needs that you satisfy. It should not define what you do or what you make. These should have been outlined as part of the first component.
3. An outline of your distinctive competencies - the factors that differentiate your business from the competition. These will be the skills or capabilities you offer that are not, or cannot be, offered by your competitors.
4. The indications for the future - what the business will do. What it might do in the future and what it will never do.
Did the evidence presented come from credible and reliable sources? Was the source of the evidence an authority on the topic?
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The Action Toy Company has decided to manufacture a new train set, the production of which is broken into six steps. What is the theoretical minimum number of workstations? Assign tasks to workstations
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