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Question:
a) (i) How many components are there in an ideal mission statement of a business organisation?
(ii) Name these components?
b) Using the above named components of a mission statement, write a model mission statement for the organisation where you are working/studying which can be used by your organisation in future?
c) A health organisation has the following mission statement:
‘Our mission is to bring health care of international standards within the reach of every individual. We are committed to the achievement and maintenance of excellence in education, research and health care for the benefit of humanity. We make profits with integrity through marketing of innovative products and services, using the best employment practices for the benefit of all stakeholders'.
(i) Discuss what components of a mission statement are depicted in the above mission statement.
(ii) Do you conclude therefore that this is a complete mission statement? Justify your answer.
Q. Explain Two-part tariff system? With a two-part tariff system the buyer is charged: A transfer price equal to the seller's variable (marginal) cost for each unit sold
is formal planning hinder for success
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Question 1: a) What is Strategic Management? b) What are the three stages of Strategic Management? c) Why strategy implementation often is considered the most difficult
Administration controls are performance measurement systems e.g. Management accounting 'exceptionreporting' systems which compare actual performance to a predetermined target, goal
.” Differentiate between corporate mission and strategic vision by taking corporate illustrations
Explain the internal environment by undertaking the internal auditing in the form of management, marketing, accounting, operations/production research and development an management
1. Discuss the Retrenchment Strategy of Sara Lee.
targeting strtegics with live examples
Q. What do you mean by Shared service centres? Shared service centres "consolidate" one or more back-office operations for numerous divisions of same group to use e.g. head off
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