Differentiate vision, mission, and value statements. A vision statement contemplates the ultimate status of the institution’s desire to succeed. What is your school’s and college’s vision? Is the vision statement achievable and realistic? A mission statement is a short explanation of the institution’s purpose and intention for existence. State your school’s and college’s mission. Does your mission statement say what makes you different? Why? A values statement composes of core principles that focus on the institution and its culture. List down the core values of your institution. How will you carry the traits emanating from these values?

Differentiate vision, mission, and value statements. A vision statement contemplates the ultimate status of the institution’s desire to succeed. What is your school’s and college’s vision? Is the vision statement achievable and realistic? A mission statement is a short explanation of the institution’s purpose and intention for existence. State your school’s and college’s mission. Does your mission statement say what makes you different? Why? A values statement composes of core principles that focus on the institution and its culture. List down the core values of your institution. How will you carry the traits emanating from these values?

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter9: The Strategic Management Process: Achieving And Sustaining Competitive Advantage

Section: Chapter Questions

Problem 1CRQ: What does a mission statement explain about a firm that a vision statement does not?

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