Mission Statement Stuff

Question 1

what to do with cases

Answer 1

Bring in 4 points and say the for and against for the MS or visions
and CONCLUDE

Question 2

SWOT

Answer 2

You need to discuss the WHY, meaning you take the case fact (the WHAT) and explain WHY it is a strength, weakness, implication, threat…

Question 3

Vision

Answer 3

ideal future direction of company

Question 4

mission

Answer 4

A mission statement is a declaration of an organization’s strategic direction. It is intended to help move the organization from its present state to the future state envisioned by the vision statement.

Question 5

variability of key input

Answer 5

perfrom sensitivity analysis
look at how range affects the assumptions
look at how results can be stabilised to reduce the risk

Question 6

strategic process

Answer 6

The strategic process is a continuous loop from planning to implementation to feedback, and back to planning.