The upcoming discussion will update you about the difference between the mission and objectives of a company. Difference between the Mission and Objectives of a Company "A business is not defined by the company's name, statutes, or articles of incorporation. - It is defined by the want the customer satisfies when he buys a product or service. To satisfy the [...]
In this article we will discuss about:- 1. Elements of a Meaningful Mission Statement 2. Characteristics of a Mission Statement 3. Example. Elements of a Meaningful Mission Statement: The mission statement should be a long-run vision of what the organisation is trying to achieve—the unique aim that differentiates it from similar organisations. The need is not for a stated purpose [...]
The following points highlight the six main objectives of a corporate business unit. The six-fold objectives are:- 1. Organic Objectives 2. Economic Objectives 3. Social Objectives 4. Human Objectives 5. National Objectives 6. Strategic Objectives. 1. Organic Objectives: A corporate business unit is essentially an organic entity having its own infancy, childhood, adulthood and maturity. Thus, its concern is to [...]