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Explain in your own words the difference between a business' goals and its mission.
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- In your view, what is the most important component of an organization’s mission statement? Justify your viewpoint. *Which components do you consider to be the most important components in a mission statement?Could you please evaluate the various mission statements of various organizations and write an example of an effective vision and mission statement?
- Can you talk about the process of developing a mission and vision statement? What are the requirements for it to be successful?Why does a mission statement should not have any monetary amounts , numbers , percentage, ratios, goals and any objectives in it ? Explain ?Why should a mission statement not include monetary amounts, numbers, percentages, ratios, goals, or objectives?
- Explain why a mission statement should not include monetary amounts, numbers, percentages, ratios, goals, or objectivesHow do we ensure proper execution or implementation of the strategic objectives?Discuss the similarities and differences between an organization’s mission and its vision. What is their value for the strategic management process?