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Illustrate the difference between mission and vision

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Reference no: EM13390599

1. What is the difference between mission and vision statements? What factors must be considered to produce an appropriate mission and vision statement for an organization?

2. What is strategic management and planning? Why would a strategic plan be important to the success of this business? How are the four functions of management relative to creating and implementing a strategic plan?

Reference no: EM13390599

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