Chapter 2 - Mission and Objectives Flashcards

1
Q

Vision Statement

A

Ideal state want to achieve

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2
Q

Mission Statement

(Campbell and Goold)

A
  • Purpose - wjy exist? who for?
  • Strategy - how and where going to compete?
  • Behavioural standards - guide employee actions (ethics)
  • Values - what does org. believe in? (culture)
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3
Q

Temporal Factor

A

Area/event of unusual concern

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4
Q

Value Driver

A

Activity/feature that enhances percieved value of product

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