Why a mission statement should not include monetary amounts

Assignment Help Operation Management
Reference no: EM132154022

Assignment

Over the course of this unit, we have discussed the importance of mission and vision statements. As a part of that discussion, we analyzed mission and vision statements for their effectiveness. For the Unit II Essay, you will expand on this topic.

Using your favorite search engine, research the mission and vision statements of different fortune 500 companies.

Then, you will write an essay in which you compare and contrast the mission statements of two companies and the vision statements of two companies. You may use the same companies for both the mission and vision comparisons or separate companies.

Within your essay, include the following:

-Explain the principle value of two vision statements.

-Explain the principle value of two mission statements.

-Compare and contrast vision statements of each organization in terms of composition and importance.

-Compare and contrast mission statements of each organization in terms of composition and importance.

-Do you think organizations that have comprehensive mission statements tend to be high performers? How do mission and vision statements assist in selecting an industry-specific strategy?

-Explain why a mission statement should not include monetary amounts, numbers, percentages, ratios, goals, or objectives.

Your essay should be a minimum of three pages in length or approximately 800 words, not including the title and reference pages. You must also include an outside source.

Reference no: EM132154022

Questions Cloud

The external organizational environment : Provide an Extensive description of the Ambulance/Emergency Services Industry as a whole (Include the External Organizational Environment).
Think about a public figure or organization : Think about a public figure or organization that uses technology to affect social issues and provide the following information:
Who would you say are the competitors to online universities : Describe the strategic management process, and include how it is used by organizations.
Some negative consequences : What do you think may be some negative consequences for you in your current or chosen career if you do not increase your computer literacy?
Why a mission statement should not include monetary amounts : Over the course of this unit, we have discussed the importance of mission and vision statements.
Identify and discuss the elements of leadership : You are the manager of a restaurant. Using your job title as an example, identify and discuss the elements of leadership.
Absolute advantage and comparative advantage trade theories : Distinguish between absolute advantage and comparative advantage trade theories and give examples
The code provides : The Code provides. Delicio cupcake restaurant stocks 360 cupcakes at the beginning of each day.
Animated content and slide timings : In powerpoint, what are some key importance to understand presentation with adjusted pictures, animated content, and slide timings?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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!

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