How to describe business purpose- mission- strategy, Business Economics

Assignment Help:

I. Describe your company

  • Relevant history
  • Resources, strengths, weaknesses
  • Purpose, mission (what does your company do for whom)
  • Company brand / position: what makes your company distinct in the minds of the public
  • Marketing mix

II. Environment: existing and foreseeable trends from relevant perspectives, e.g.,

  • Economic
  • Technological
  • Demographic
  • Sociology
  • Legal - Domestic and / or International
  • Culture
  • Customers
  • Competitors
  • Supply Chain Partners

III. Goals and objectives: Given what you have said about your company in its environment

  • What goals do you want to reach, and in general terms, how do you want to reach them?
  • What objectives will you reach that will tell you how well you are achieving your goals? (Use SMART acronym)

IV. Strategies for achieving objectives

  • From the perspective of each of the four Ps
  • Overall - bringing the four Ps together into a meaningful whole

V. Controls and Contingencies

  • What metrics will you use to know whether you are on target for achieving your goals?
  • When and how often will you measure?
  • Risks: what could interfere with your goal achievement?
  • What will you do if those risk events happen?

Related Discussions:- How to describe business purpose- mission- strategy

Constraints in Marris’ Growth Maximisation Model, Explain Marris’ Growth Ma...

Explain Marris’ Growth Maximisation Model in detail. Explanation of the model Constraints Demerits

Colonial background countries of the development process, What are colonial...

What are colonial background countries of the development process? A colony is a country controlled by other. Various European countries had extensive empires as: • Latin

How is the social capital measured, How is the social capital measured? ...

How is the social capital measured? Measurement of the socilal capital: Social capital is a latest, multidimensional, qualitative idea which is problematic to measure. Res

Is population growth a problem, Is population growth a problem? Quick p...

Is population growth a problem? Quick population growth is a main cause of poverty and arises where population growth go beyond the rate of economic growth. Standards of liv

Agriculture economics, A1. Given the following production function Level of...

A1. Given the following production function Level of fertilizer Level of maize 0 0 1 44.9 2 83.6 3 110.1 4 127.3 5 136.9 6 139.9 7 137.1 8 129.2 a) Calculate the APP, MPP and elas

Difference between absolute and comparative advantage, What is the differen...

What is the difference between absolute and comparative advantage? Difference between absolute and comparative advantage: • Absolute advantage arises while a country or reg

Prepare a schedule of budgeted and cash budget, Question: Yamba Home P...

Question: Yamba Home Products is just beginning its fourth quarter, in which peak sales occur. The company has requested a $12,000, 90-day loan from its bank to help meet cash

Economic health of a nation, Normal 0 false false false ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4 a) Many are concerned

GDP, GDp of World?

GDp of World?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd