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The three most important components in a mission statement are identifying the customers, the products and services, and the philosophy of the organization. In order for a business to be successful, outsiders and people within the business must be aware who the organization is targeting. Good mission statements identify the utility of a firm's products to its customers. The mission statement must briefly identify the product and services it offers. For example, the book gives an example where a charter fishing company provides more than just fishing, they provide "memories for a lifetime" thus revealing the utility of the services offered. Lastly, the organization's philosophy must be included in their mission statement because people are concerned about giving money or supporting companies with specific beliefs, values, aspirations, and ethical priorities. People do not want to support an organization without values, or concern for the environment, or a firm that treats their employees poorly. reply for this discussion.
A customer wants delivery to be ensured between 10am and 2pm. Your truck leaves the factory at 4am and the time taken to reach the customer is normally distributed with an average of 8 hours and a standard deviation of 1 hour. What is the process cap..
When an MRP system is periodically updated to account for all changes that have occurred within a given time interval, the process is called
Evaluate your team's success in managing your company over the five rounds of the simulation. Your assessment should include some discussion in the areas associated with "Round Analysis" to include profit, margin, emergency loan, inventory, and st..
Outline the major theories of organizations. Describe the techniques of managing change
What do you think are some of the barriers and, more importantly, the "enablers" to prevention programs in managed health care plans to prevent diseases and how do you think those barriers could be eliminated?
Assume that you have been asked by the president of your organization to devise a systematic approach to scanning. The president does not want to be surprised by major market or competitive developments. What would you recommend?
How might incentives stimulate positive organizational behaviors? Discuss the place of rewards and punishments for organizational members. What is it important to know?
What are some reasons that business outputs vary? For example why does production output vary? Explain the difference between common causes of variation and special causes of variation.
What is Cross-Cultural adaptability? What effective predictor of success can Cross-Cultural adaptability accomplish within a global assignment?
You have been hired by a regional supermarket chain as the candy and snack buyer. Your shelves are dominated with products by national firms, like Wrigley’s and Nabisco. The supermarket chain imposes a substantial slotting fee to allow new items to b..
Baton Rouge’s Mt. Cedar Hospital is a large, private, 600-bed facility complete with laboratories, operating rooms, and X-ray equipment. In seeking to increase revenues, Mt. Cedar’s administration has decided to make a 90-bed addition on a portion of..
Stories can sustain the vision of values that drive a project, motivate engagement and celebrate accomplishments so it is worth looking at some of the best. Find a video that describes a success story in an organization. What was the biggest obstacle..
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