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Components of an effective mission statement
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Components of an effective mission statement


Date:14.05.2016, 07:17 Technology For businesses that rely heavily on technology, the mission statement should include a description of the essential technology the company does or plans to employ. If nothing else, this directs purchasing agents toward the appropriate vendors for goods and services. In every case, an overriding mission drives the business. The purpose of a mission statement is to give a concise explanation of the business's reason for existing and its long-term goals. Financial Objectives For for-profit ventures, businesses require clear financial objectives. A start-up company might set one of its financial objectives as making an initial public offering of common stock within two years. Strategic Positioning Effective mission statements also include a brief description of the business's strategic position within the market. For example, the company might excel at serving residential clients and seek to maximize that strategic advantage.
Components of an effective mission statement


Components of an effective mission statement Components of an effective mission statement


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International U.S. Markets Economy Companies Tech Autos Video. Log In Log Out FTSE 100 23.64 -0.39 6,080.55 Hang Seng 196.17 -0.99 19,719.29 Nikkei 225 234.13 -1.41 16,412.21. Apple pumps 1 billion into Uber's China rival.

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