What do you understand with a vision and a mission

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Reference no: EM133207978

Assignment - Business Questions

Part A - Please answer the following questions:

What do you understand with a "vision" and a "mission," what is the difference between them, or are they the same?

What are "goals" and "objectives" and "tasks" within a strategic plan? How does "tactic" differ from "strategy"?

Within "strategy" concepts, how does "policy" differ from a "tactic" and "strategy"?

Please provide examples, and if possible, relevant to your experiences.

Part B - Please answer the following questions:

What is the core message of Michael Porter's lecture "What is strategy"?

How does the message differ from what you understood as a strategy?

Going forward, how might you apply the message?

Reference no: EM133207978

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