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- What does a mission statement explain about a firm that a vision statement does not?Select an organization/business of your choice and apply the followinginstructions:1. Provide a one-page description of the organization/business in terms of its strategyand the products and services it offers.2. Provide a one-page description, determine whether or not the organization/business has an explicit relationship management-based strategy.1. Planning and goals (Connect, Perform) 1. In the planning process, what is the role of strategic goals and plans? A. Sets purpose of business B. Guides day-to-day activities C. Sets company direction D. Links strategy and operations 2. Twitter is a publicly traded company that generates revenues primarily by selling advertising to businesses and licensing user data. Twitter’s 3,900 employees around the world serve 320 million active users who generate 1 billion unique visits to sites with embedded Tweets each month. The company’s mission? Twitter exists “to give everyone the power to create and share ideas and information instantly, without barriers.” A company’s strategic goals specify a direction for accomplishing the company’s mission. Which one of the following would be an appropriate strategic goal for Twitter? A. Strengthen the core user base usage by time spent on timeline, content generation, and mobile engagement B. Increase usage by professional and citizen journalists by…
- You are creating or operating your own business (manufacturing, service company). According to what you have studied in the contemporary management course, you are required to. Prepare the company’s vision, mission and values. propose the company's SWOT matrix from your point of view through the SWOT analysis, identify the main grand startegy (strategic trend) whithin each grand startegy ( strategic trend), set the main goals (3 or 4 goals) the company seeks to achieve2 Using Chapter 2 and Appendix A as guides, focus your marketing plan by (a) writing your mission statement in 25 words or less, (b) listing three non- financial goals and three financial goals, (c) writ- ing your competitive advantage in 35 words or less, and (d) creating a SWOT analysis table.This strategy evaluation and control technique contains a carefully chosen combination of strategic and financial objectives tailored to the company’s business. Its overall aim is to balance shareholders’ objectives with customer and operational objectives. a. SWOT Analysis b. Balanced Scorecard c. Quantitative Strategic Planning Matrix d. Internal-External (IE) Matrix
- Identify who or who is responsible for the strategic leadership of an organization and mention the five key areas in an organization. Explain what a strategic vision is and what is its importance in the company. Provide an example of a company vision. Explain what a mission statement is and what is its importance in the company. Provide an example of a company mission statement.How would you determine whether to use the direct strategy or the indirect strategy for any company report you are writing?1. In a paragraph, formulate an analysis about the big lie in strategic planning by Roger L. Martin. 3. What is the big lie in “The big lie in strategic planning” by Roger L. Martin. 3. What is the importance of strategic planning in an enterprise.
- The a description of an organization's values, definition of its responsibilities to stakeholders, and identification of its major strategies is known as a:A)business-level strategy.B)business model.C)mission statement.D)balanced scorecard.E)None of the above.describe a robotics robot Company's Mission, Vison, Product development, Team, and include Marketing and Financial Plan for the next 3 years. Please provide your critical analysis of the company’s activities and in-depth arguments to support your statements.When drawing up a balanced scorecard for a corporation, if for the Customer Perspective I select Customer Satisfaction as the objective and I pick four initiatives as : (1) Improve presentation of physical store/strong online presence (2) Provide incentives to customers (3) Stay in touch with customers (4) Effective customer communication;What Objectives and Initiatives should I select for Internal Business Process and Learning and Growth?