. Discuss THREE (3) reasons for developing a mission statement. b. Discuss TWO (2) characteristics of mission statement. Note: Answer need with intrusion, Analysis, Conciliation (please give big answer)
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- whats the purpose/importance of a mission statement?Based on the given case above: 1. Read and evaluate the mission statement of that organization accordingly with provide each legends and components with explaination 2. Identify whether the mission statement is good or not good. State reason for your answer. A detailed analysis of the mission statement is given with correct components and the legendWhat issues should Jerry and the executive committee address? Why? (Hint: Make assumptions where necessary, including mission and vision statements, as well as goals, strategies, and objectives.
- Indicate yes or no whether the following components contains in the mission statement (1st column). Evaluate a mission statement using the following: Write the excerpt stating the components from the current mission statement. Re-state the excerpt from the Mission Statement that you think needs improvement or addition from the analysis MISSION STATEMENT To serve great tasting food, bringing the joy of eating to everyone Components Yes / No Excerpts from Mission Statement Re-statement 1. Customers 2. Products / Services 3. Markets (Geographically, where does the firm compete? 4. Technology (Is the firm technologically current?) 5. Concern for survival (Is the firm committed to growth and financial soundness?) 6. Philosophy (What are the basic beliefs, values, aspirations & ethical priorities?) 7. Self - Concept (What are the firm’s distinctive…a. Recite a company's goal and vision declarations from the Ghana Club 100. (Note: In your response, copy and paste the statements' weblinks.) b. Criticize the vision statement described in (a) above, keeping in mind the characteristics of a vision statement. c. Utilizing the elements of a mission statement, analyse the cited mission statement.The following are two poorly written mission statements: 1. “Be the best in the eyes of our customers, employees and shareholders.”Our mission is to be the best in the eyes of our customers, employees andshareholders by offering hair care products that are unique to 4c natural hair. 2. “Undisputed marketplace leadership.” (a) Please provide a critique of the two mission statements and (b) Rewrite them by including the key elements of a good mission statement.
- Krispy Kreme Doughnuts, Inc., 2015 www.krispykreme.com, KKd Copyright by Fred David Books LLC. www.strategyclub.com (Written by Forest R. David) Based on the given case above ; 1. Read and evaluate the mission statement of that organization accordingly. 2. Identify whether the mission statement is good or not good. State reason for your answer. A detailed analysis of the mission statement is given with correct components and the legend.Mission evaluations and analysis of Krispy Kreme Doughnuts, Inc 2015 Startegic management Part B Review and present the mission statement of Krispy Kreme Doughnuts Inc 2015 .Does the their statement meet those 9 components ? Mission Statement: Consumers (1) are our lifeblood, the center of the doughnut (2). There is no substitute for quality in our service to consumers. Impeccable presentation (4) is critical wherever Krispy Kreme is sold (3). We must produce a collaborative team effort that is unexcelled (5). We must cast the best possible image in all that we do (6). We must never settle (7) for “second best;” we deliver on our commitments (8). We must coach our team (9) to ever-better results. Please use own sentences and don't take existing one a) Read and evaluate the mission statement of that organization accordingly which evaluation of mission statement, Components, Legends b) Identify whether the mission statement is good or not good, re- number the components terms in bracket…Proposed a new mission for krispy Kreme Doughnuts Inc 2015. Please use own sentences. You are required to create a New Mission for the organization like the above mission statement given, which based on 9 components of mission statement as place the components numbering in exp( 1 ) bracket .follows as above 9 components mission just recreate new mission statement with inspiring mission. Mission statement should be broad in scope, inspiring, words, enduring and include the nine components below 1.Customers: Who are the firms’ customers? 2. Product or services: What are the firms’ products and services? 3. Markets: Geographically, where does the firm compete? 4. Technology – Is the firm technologically current? 5. Concern for survival, growth and profitability? – Is the firm/company committed to growth and financial soundness? 6. Philosophy – What is the basic values, belief, values, aspirations and ethical priorities? 7. Self concept – What is the firm’s distinctive competence or major…
- Please explain the right answer and also the wrong answers 1. Mission and vision statements are followed by articulation of _____________________, which are a set of corporate priorities and institutional standards of behavior. Select one: A. corporate image B. corporate culture C. corporate values D. employee training 2.The major challenge facing today’s hospitality companies is knowing _______________________________ in the face of a rapidly changing marketplace and environment Select one: A. how to retain good employees B. how to differentiate C. how to build and maintain healthy businesses D. competitorsThe given are the components of a mission statement. Please explain each briefly. -Customers: Who are the firm’ s customers?-Products or services: What are the firm’ s major products?-Markets: Geographically, where does the firm compete?-Technology: Is the firm technologically current?-Concern for survival, growth, and profitability: Is the firm committed to growth and financial soundness?-Philosophy: What are the basic beliefs, values, aspirations, and ethical priorities of the firm?-Self-concept: What is the firm’ s distinctive competence or major competitive advantage?-Concern for public image: Is the firm responsive to social, community, and environmental concerns?-Concern for employees: Are employees a valuable asset of the firm?What are the benefits of a well-defined mission and vision statement, and a potential disadvantage if those statements do not exist in writing?An example whereby written statements are not necessary, and an example where they are critical.