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Provides understanding of what management wants its
business to look like;
Provides a reference point for managers in making strategic
- A companys mission is not to make a proﬁt! Its true mission is
its answer to “What will we do to make a proﬁt?”
- Making is proﬁt is an objective or intended outcome!
MBA 565 20 / 1 Examples of vision statements MBA 565 21 / 1 Connection with company’s values Deﬁnition
Ethical standards and norms that govern the behavior of
individuals within a ﬁrm or an organization. 4 - 8 values reinforce the company’s vision, strategy, and operating
practices. MBA 565 22...
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This note was uploaded on 02/04/2014 for the course MATH 108 taught by Professor Jamesbaglama during the Spring '13 term at Rhode Island.
- Spring '13