Internal Environment of Nika Corporate Housing

In order for any organization to be successful, they must be able to establish a purpose. Each and every organization must carry out this mission through its business operations and executed through all stakeholders actions. According to Radtke (1998), “A good mission statement should accurately explain why an organization exists and what it hopes to achieve in the future. It articulates the organization’s essential nature, its

Ideally, a good mission statement also provides information regarding the organization’s overall management philosophy, its business model, its technical and social competencies, and its values and beliefs (Aguinis, 2009; Azaddin, 2011; Bart & Hupfer, 2004; Covin, Slevin, & Schultz, 1994). Moreover, to make mission statements of large companies more individually relevant, Azaddin (2011) advocates flexible “guiding statements” that account for the “context, culture, structure, and needs of an organization” (p. 31). Thus, a mission statement must be meaningful and applicable to all stakeholders for strategic decision-making to be effective.

The mission defines the organization’s purpose, values, and core goals, providing the framework for all other plans. It is simple, vivid and compelling so that the employees from the janitor to the CEO, from the customers to investors can easily understand.

Most organization have develop an element called a mission statement. A mission statement describes and helps focus the attention of organizational members and external constituents on the organization's core purpose. This is use in the criminal justice and security agency use mission statement for the success of the organization and better serve the community or businesses that they have agree to serve and protect.

The mission statement is often publically stated and used by almost every organization today. It helps provide basic guidelines, essentially the core values of a company, and what they aim for. A mission statement gives customers

It provides direction to let the employees and stakeholders know “where the company is going”. When forming a vision, the leadership must be realistic about their market, competition, economic climate, and regulatory conditions and properly ascertain and espouse the values of management, employees, and stakeholders (Schoemaker, 1992). A company’s mission is its statement that communicates the purpose of the organization. It gives the who, what, and why of the business. This successful completion of the strategic planning and execution process allows for the public and the organization’s members to see that the vision was established to be reality and not simply rhetoric, as is the case with many organizations that suffers from confrontations between management and a lack of commitment to the organization’s vision and values (Fiegener, Brown, Prince & File,1996).

The respect from host to guest. The host must be hospitable to the guest and provide them with food, drink, and shelter.

By using Campbell’s evaluation method, the Group’s mission statement scored 18 out of 20 points, indicating a well-conceived statement. However, the mission statement does not identify a specific standard of behavior; hence, the two-point deduction using Campbell’s 10-question test, but ethical behavior is encouraged. The Group’s mission statement motivates the organization and its shareholders’ by providing direction, vision, and a sense of purpose. The mission statement was devised to encompass the entire scope of the

They must express objectives that can be tested -- there has to be some way to determine whether or not an organization is meeting its goals.

The Mission, Vision and Values of a company play a Fundamental role in Strategy Formulation and Strategic planning. We will discuss throughout this assignment, how developing effective mission, vision and values can help shape, develop and guide a firms Strategic choices. They reflect the firm's fundamental core ideology. At the most basic level a mission statement can describe the firms overall purpose for being. It provides an inside to the present business scope and purpose of the firm that is "who we are, what we do, and why we are here". It explains the firm's very reason for existing. It will

Take a position: Mission statements are critical to a successful marketing organization versus mission statements rarely provide useful marketing value. MY OPINION:Pro: A well-crafted corporate mission statement reflects the values of the firm as they relate to the community at large, its stakeholders, its employees, and its customers. Once the firm’s positions are delineated in the mission statement, marketing can begin the process of setting its priorities, goals, and objectives derived from the stated priorities of the firm. With the advent of holistic marketing, what the firm

The internal environment revealed that the company embraces stakeholder orientation marketing. Customer environment showed that Wyndham caters for a broad spectrum of customers for varied needs and with varied prices. The external environment revealed that the major events that are likely to affect the business are the U.S.

A mission statement describes the objective of a company or an organization. It shortly defines the overall goal and clarifies why the company exists (Griffin,1990). A mission statement should indicate some core points..

Mission is the prime goal of an organisation to achieve the end results. (Benowitz, 2001). T&TECs mission is to provide a safe,

Mission is the pattern of decisions that determines and reveals an organization’s goals, policies, and plans to meet the needs of its stakeholders.