Preview

Assignment Questions and Answers

Good Essays
Open Document
Open Document
677 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Assignment Questions and Answers
QUESTION 2:
b) Explain the importance of the mission statement, the vision and the goal of an organization
A mission statement defines what an organization is, why it exists, its reason for being. It helps guide the actions of the organization, spell out its overall goal, provide a path, and guide decision-making.
A vision statement is a description of a company's values and its long-term goals. It helps an organization prepare for the future.
A goal is an observable and measurable end result having one or more objectives to be achieved within a more or less fixed timeframe. It helps motivate members by clarifying and communicating what the organization is striving to achieve.
Both the mission and vision statement help the organization focus on what is really important. Although the organization knows what it is trying to do to improve your community, it's easy to lose sight of this when dealing with the day-to-day hassles that plague all organizations. The mission and vision statements help members remember what is important as they go about doing your daily work.
The mission and vision statements also let other individuals and organizations have a snapshot view of whom the organization is and what it wants to do. When the vision and mission statements are easily visible (for example, if they are on the letterhead of your stationary), people can learn about your organization without having to work hard for the information.

c) Discuss why an organization would carry out an environmental analysis, GAP analysis and SWOT analysis
An Environmental Analysis evaluates internal and external factors affecting an organization's performance, especially its marketing effort. Internal factors are referred to as the strengths and weaknesses of the organization. External factors are opportunities and threats presented by forces outside of the company. In general, this information is used by strategic planners in forecasting trends a year or more in advance. This

You May Also Find These Documents Helpful

  • Good Essays

    Vision and Mission Statements are brief summaries that clearly describe the direction and purpose of the organization. Vision and Mission Statements are the backbone statements that drive and describe the company from the inside out. Everything from both statements are looked upon not only by investors but outsiders as well such as employees and future customers. Included in the vision and mission statements are the values of the organization. There are times that products, services and who the organizations are, are included also in the vision and mission statements. It is important to be as informative but as brief as possible. The vision statement answers, “Who are we” the Mission statement answers “What we do’ and the values sum everything up. One goal of writing a good, and concise Vision and Mission Statement without cramming in too many words is to spend time understanding the goals of the company, the clientele of the company, the expected growth of the company and the expected expansions of the company as well as why the organization was formulated. It is also important to include in the vision and mission statement what the organization foresee short and long term when it comes to the involvement with the community and employees.…

    • 795 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The creation of a vision statement can be the detrimental factor of the company’s success. It not only shows the current status of the company but it also guides the audience on where the company wants to go in its future. A Vision Statement is oftentimes the signature of a company indicating what their “dream” was, when they opened up their business. A vision is that of the owner and what he/she wanted to achieve by owning and operating that business. In order to complete this vision, a mission statement will follow the vision and complete the businesses purpose of existence. A mission statement, on the other hand, handles the overall aim of the business. It oftentimes expresses its…

    • 771 Words
    • 4 Pages
    Satisfactory Essays
  • Better Essays

    Mission statement: The mission statement is an overarching, timeless expression of your purpose and aspiration, addressing both what you seek to accomplish and the manner in which the organization seeks to accomplish it. It’s a declaration of why you exist as an organization.…

    • 1550 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Why it is important to make sure your program is oriented to the organization’s mission and purpose?…

    • 348 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    An organization summarizes their objectives and goals in mission and vision statements. However, these statements are often confused, although each serves a different purpose.…

    • 537 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Mission statements are used to symbolize the goals that an organization is trying to reach or obtain. The mission statement will help guide the way on how the organization should practice and also provide a complete structure of their practice. The Entrepreneur website defines a mission statement as “A sentence describing a company's function, markets and competitive advantages; a short written statement of your business goals and philosophies”. Most organizations mission statements will be different in some context, but the overall goal is to make sure the organization is successful and works at its fullest potential.…

    • 964 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    A mission statement should focus on goals, clarify issues and outline visions and objectives. It should communicate the essence of the company to the employees, shareholders and to the public (Hassan, M 1988). Similar to this, Doyle (1998) points out, that a mission statement describes the purpose of the business and its essential characters.…

    • 2221 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    "A good mission statement portrays an organization's unique and lasting reason for being, and energizes stakeholders to follow common goals. It likewise enables a focused allocation of organizational resources since it compels a firm to address some hard questions: What is our business? Why do we exist? What are we trying to accomplish?" (Bart,1998).…

    • 1130 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The Mission Statement is a crucial element in the strategic planning of a business. Creating a mission is a building block for an overall strategy and development of more specific functional strategies. By defining a mission an organization is making a statement of organizational purpose. There are some basic elements that should be incorporated into a mission statement. First, the target audience is important. It needs to be established whom the mission statement will be directed to. Some groups that may be considered are employees, stockholders, customers, and the community.…

    • 698 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The difference between the mission statement and the vision statement are very clear. The mission statement is the present state and the defined purpose of the organization. The mission statement is meant to explain to others why this business or organization exists and what it stands for. The vision statement on the other hand is a mental picture of what a business or organization wants to achieve over a period of time. It is somewhat like a goal for the business. The vision statement provides inspiration to the focus of an organization or business and what they would like to achieve in the next five to ten years.…

    • 939 Words
    • 4 Pages
    Good Essays
  • Good Essays

    grand principals

    • 427 Words
    • 2 Pages

    Mission statements describe high level of principals & pledges from a firm and typically refer to some type of large social activities. Mission statements are designed to inform the public what their organization is about. They are supposed to make people interested in your business. Mission statements should be able to tell your audience about the organizations direction and future. According to Badaracco (1997) Most company’s mission statements do little to solve any real problems. According Badaracco (1997).Mission Statements are not always clear, they are often vague and constructed with little thought and do not cover a multitude of situations Badaracco (1997)…

    • 427 Words
    • 2 Pages
    Good Essays
  • Good Essays

    mgt 599

    • 809 Words
    • 3 Pages

    A company’s Mission statement must be in-line with the operations and actions of the company. It is an “articulate” way of expressing the WHO, WHAT, WHY, and the WHERE. Whereas; companies Vision Statement expresses the HOW of what the company does. (MGT. 599/Backround/Mission/Visions/Goals,2014) (McNamara,2009)…

    • 809 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    titel

    • 347 Words
    • 2 Pages

    5. What are four reasons to limit the scope of a small business? (1.0 points)…

    • 347 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Vision statements are very important for an organization, to provide its identity and provide a view to the world about what they are committed to and why they are committed towards their goals. An effective vision statement will have the following aspects to be effective and eloquent…

    • 593 Words
    • 3 Pages
    Good Essays
  • Best Essays

    A mission is a statement of the business purpose and aims. It should include the actions of the business, the stakeholders of the business and how the business plans to meet their needs.…

    • 4397 Words
    • 18 Pages
    Best Essays