Notes - 1/12/10 Mission a statement of the fundamental way...

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1/12/10 Mission – a statement of the fundamental way in which a company will achieve its goal of increasing share holders value. - Strategic Objectives - Long term - Tactical Objectives - Mid Term - Operating Objectives - Short Term All objectives are put into a business plan. 1/14/10 Supply Chain is a flow of goods. Suppliers Manufacturer Distributors Retailer Customers -The movement of goods from each stage adds an addition cost. Good communication of financial information? Use the 4 w’s – Why , Know the purporse of the report, who - the audience( will dertermine the level of detail), what is the kind of info being requested? When is the due date ( timeliness of info) Value Chain- all functions that contribute to the marketability. Value Chain analysis- Primary Processesd(Steps that add value to a product or service) and Support Processes (Needed by the company but do not add value to the product) Primary Processes- Materials (quality and cost), Design Features, Research and
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Notes - 1/12/10 Mission a statement of the fundamental way...

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