Business

Business, 15.07.2019 22:20, eternity88091

In order, the steps of the strategic-management process are multiple choice establish the mission and vision statements, assess the current reality, conduct a trend analysis, and maintain the feedback loop. establish the mission statement, maintain strategic control, formulate the grand strategy, and implement the strategy. establish the mission, vision, and values statements; assess the current reality; formulate the grand strategy; implement the strategy; and maintain strategic control. establish the vision and values statements, develop a mission statement, formulate the grand strategy, implement the strategy, and maintain the feedback loop. determine the strategy; carry out the strategic plans; and establish the mission, vision, and values statements.

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Business, 29.07.2019 18:10, glander2

The distinction between a company mission statement and a strategic vision is that a mission statement addresses "how we are trying to make a profit today" while a strategic vision concerns "how will we make money in the markets of tomorrow? " a mission statement deals with "where we are headed " whereas a strategic vision provides the critical answer to "how will we get there? " a mission statement deals with what to accomplish on behalf of shareholders and a strategic vision concerns what to accomplish in outcompeting rivals. a mission statement typically describes a company's present business scope and purpose ("who we are, what we do, and why we are here") whereas the principal concern of a strategic vision is with a company's future strategic course ("the direction we are headed and what market positions we intend to stake out"). a company's mission concerns what needs to be done to earn a good profit, whereas the strategic vision concerns management's views and conclusions about what strategy changes will be needed in the years just ahead for the company to accomplish its mission of earning a good profit.

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Business, 20.08.2019 18:10, haleylayne74

Gthe difference between the concept of a company mission statement and the concept of a strategic vision is that a mission statement deals with what to accomplish on behalf of shareholders, while a strategic vision concerns what to accomplish on behalf of customers. a mission statement typically concerns a company's purpose and its present business scope, whereas the principal concern of a strategic vision is a company's aspirations for its future. a mission concerns what to do to achieve short-term objectives, while a strategic vision concerns what to do to achieve long-term performance targets. a mission statement deals with "where we are headed," whereas a strategic vision provides the critical answer to "how will we get there? " a mission statement focuses on the methods needed to make a profit, whereas a strategic vision concerns what business model to employ in striving to make a profit.

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Business, 09.09.2019 17:30, serg42

Which statement is false? a. some companies develop mission statements simply because owners or top management believe it is fashionable to do so rather than out of any real commitment. b. vision statements are more important than mission statements. c. managers at johnson & johnson (j& j) meet regularly with employees to review, reword, and reaffirm the firm's vision and mission. d. some strategists spend almost every moment of every day on administrative and tactical concerns, ignoring the importance of a clear mission. e. firms establish their vision and mission before their objectives in doing strategic planning.

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