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(Solved) : Business Policy And Strategy Essay 1 . . .

Question Description

Using your favorite search engine, research the mission and visionstatements of different fortune 500 companies. Then, you will write an essayin which you compare and contrast the mission statements of two companies andthe vision statements of two companies. You may use the same companies forboth the mission and vision comparisons or separate companies.

Within your essay, include the following:

  • Explain the principle value of two vision statements.
  • Explain the principle value of two mission statements.
  • Compare and contrast vision statements of each organization in termsof composition and importance.
  • Compare and contrast mission statements of each organization interms of composition and importance.
  • Do you think organizations that have comprehensive missionstatements tend to be high performers? How do mission and visionstatements assist in selecting an industry-specific strategy?
  • Explain why a mission statement should not include monetary amounts,numbers, percentages, ratios, goals, or objectives.

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