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Management Studies

Mission statements vary widely from one company to another. One mission statement could be better than another. Using the Internet, find the mission statements of three different organizations, which can be business or not-for profit.(They can often be found via a link on a company’s Web page ) Which mission statement you find the best among the three? Why? You can evaluate the mission statement using the following questions.( Write mission statements of three companies but evaluate only the one which you find best. )

Does the statement describe an inspiring purpose that avoids playing to the selfish interests of the stakeholders?

Mention the scope of the mission statement( Broad vs Narrow)

Does the statement describe the company’s responsibility to its stakeholders?

Does the statement define a business domain and explain why it is attractive?

Does the statement describe the strategic positioning that the company prefers in a way that helps to identify the sort of competitive advantage it will look for?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93089499

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