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2-3. What is the meaning of an organization’s mission?
Step by step
Solved in 2 steps
- Explain briefly how the nature and content of the mission statement may be different in different sorts of organisations aboveDescribe top-down strategic planning. How does it differ from bottom-up strategic planning? Which is usually more effective in implementing security in a large, diverse organization?" Mission or purpose defines the reason the exiatance of business " , do you think mission statement of organization adhere to this defination ???
- Establish a relationship between ‘Strategic Directions’ and ‘Vision’ of a company. Develop a mission statement based on the Vision and relate it with strategic objective of the company? The vision is given below: VISION:L&T shall be a professionally-managed Indian multinational, committed to total customer satisfaction and enhancing shareholder value. L&T-ites shall be an innovative, entrepreneurial and empowered team constantly creating value and attaining global benchmarks. L&T shall foster a culture of caring, trust and continuous learning while meeting expectations of employees, stakeholders and society.What is the importance of business policy in an organization's overall strategy?Mangement What are the key principles and elements of effective strategic planning, and how do they contribute to an organization's success in a dynamic business environment?