Business Policy and Strategy

Using your favorite search engine, research the mission and vision statements of different fortune 500 companies. Then, you will write an essay in which you compare and contrast the mission statements of two companies and the vision statements of two companies. You may use the same companies for both 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 terms of composition and importance.
Compare and contrast mission statements of each organization in terms of composition and importance.
Do you think organizations that have comprehensive mission statements tend to be high performers? How do mission and vision statements assist in selecting an industry-specific strategy?
Explain why a mission statement should not include monetary amounts, numbers, percentages, ratios, goals, or objectives.

8 hours ago

REQUIREMENTS

essay 750 words business policy

Answer preview………….

Mission and vision statements play a critical role in organizations as tools for strategic planning. The reports help in shaping the strategies that will be adopted by organizations to achieve the desired future (David, 2011). Verizon Communications is a company in the communication industry that focuses on technology to deliver value to its target customers. The company’s vision statement is to “inspire tomorrow’s creators in the use of technology for brighter futures for themselves, their families and the world.” The vision statement places weight on the responsibility of the business in the lives of its stakeholders. It clearly states the motivating role Verizon plays in improving the lives of customers and individuals around the world. Amazon.com Inc is the largest online retailer globally………

APA 900 words